Revised Laws of Saint Lucia (2021)

31.   Audit

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    (1)   The accounts of the FZMA shall be audited in each financial year by an independent, qualified and experienced auditor appointed by the FZMA.

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    (2)   The Board, officers and staff of the FZMA shall grant to the auditor appointed to audit the accounts under subsection (1) all books, deeds, contracts, accounts, vouchers or other documents which he or she may deem necessary to call for, and may require any person holding or accountable for any such document to appear before him or her and make a signed statement in relation thereto and may require from such person such information as he or she deems necessary.

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    (3)   Any person to whom a request to produce a document or to enter an appearance and make and sign a statement or furnish information, who fails without reasonable excuse, to comply with such requisition, commits an offence under this Act and is liable on summary conviction to a fine not exceeding $5,000 or to a term of imprisonment not exceeding one year.