Revised Laws of Saint Lucia (2022)

17.   Administration of Contingencies Fund

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    (1)   The Accountant General shall administer the Contingencies Fund.

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    (2)   The Minister, after consultation with the Accountant General, may, by Order published in the Gazette, specify the amount for permanent capital in the Contingencies Fund.

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    (3)   The Accountant General shall keep the Contingencies Fund separate from other accounts, maintained at a financial institution approved by the Minister and shall —

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      (a)     pay into that account all monies appropriated to the Contingencies Fund by an Appropriation Act;

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      (b)     without delay, pay from the Contingencies Fund, all advances made under section 19.