Revised Laws of Saint Lucia (2021)

PART 3
FINANCIAL PROVISIONS

19.   Funds of the Authority

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    (1)   The funds and resources of the Authority shall consist of—

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      (a)     funds arising from the sale, lease, or other disposition of property vested in the Authority, or from the conduct of lotteries, pool business or any game of chance;

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      (b)     such sums as may be placed at its disposal by the House of Assembly;

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      (c)     funds arising from any source consequential upon the performance of its functions under this Act;

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      (d)     sums borrowed by the Board for the purpose of meeting any of its obligations or discharging its functions;

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      (e)     all other sums or property that may become payable to or vested in the Authority in respect of any matter incidental to its powers and duties.

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    (2)   All sums referred to in subsection (1) shall be paid into and placed to the credit of one or more bank accounts approved by the Minister.