Revised Laws of Saint Lucia (2021)

14.   Cessation of standards

Standards established under section 12 cease to be in force on—

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    (a)     the prescribed expiry date;

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    (b)     revocation of the standards by the Central Bank;

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    (c)     voluntary cessation of operations of the designated funds transfer system or designated settlement system;

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    (d)     dissolution of the designated funds transfer system or designated settlement system; or

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    (e)     revocation or suspension of the designation of the funds transfer system or settlement system.