Revised Laws of Saint Lucia (2023)

2.   Interpretation

For the purposes of this Act—

“bank” means a bank licensed under the Banking Act;

“bond” means a savings bond issued under section 3;

“holder” means the person who appears in the register as the holder of a savings bond and in each case includes such person's personal representative;

“investor” means a person, group, broker dealer, organisation, firm or company that purchases savings bonds;

“Minister” means the Minister to whom responsibility for the subject of finance is assigned;

“register” means the register on which holders are by virtue of any enactment required to be recorded and includes a register maintained in a computer-based system;

“Securities Registry” means the Eastern Caribbean Central Securities Registry Limited or such other securities registry approved by the Government of the State to carry out the functions of a securities registry under the provisions of this Act.

(Amended by Act 4 of 2004)