Revised Laws of Saint Lucia (2021)

25.   Temporary borrowing

The FZMA may, with the consent of the Minister borrow by way of a temporary loan or overdraft from a bank or otherwise, any sum which it may temporarily require—

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    (a)     for the purpose of defraying expenses pending the receipt of revenues recoverable by it in respect of the period of account in which those expenses are chargeable; or

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    (b)     for the purpose of defraying, pending the receipt of money due in respect of any loan authorised to be raised under section 24(1), expenses intended to be defrayed by any such loan.