(1) The licence for a free zone business shall state the business activity the free zone business may conduct within the Zone, and the free zone business shall be limited to the business authorised in the licence.
(2) Activities of a free zone business may be conducted—
(a) entirely within the free zone;
(b) between a free zone business and a jurisdiction outside of the free zone, including a domestic Saint Lucian business.
(Substituted by Act 11 of 2018)
(3) A free zone business may have business meetings and engage in transportation activities within the national customs territory in order to be operational. (Substituted by Act 11 of 2018)
(4) Any private or public party, or group of parties may establish wholesale business on property it occupies within the free zone if it has secured approval from the FZMA to establish such business.
(5) A trade licence shall not be required to conduct a free zone business except in situations where the Board directs in writing that the applicant should apply for a trade licence under the Trade Licences Act.
(6) Where the Board makes a trade licence a requirement for the operation of a free zone business, then the Trade Licences Act shall apply to the business despite any provision in this Act.