Revised Laws of Saint Lucia (2021)

2.   Interpretation

In this Act, unless the context otherwise requires —

Accountant General” means the Accountant General of Saint Lucia and includes any person authorised by the Minister to perform the functions of the Accountant General for the purpose of this Act;

Director of Finance and Planning” means the Director of Finance and Planning of Saint Lucia and includes any person authorised by the Minister to perform the functions of the Secretary of Finance for the purposes of this Act;

financial year” means the period of 12 months beginning on 1 April in each year and ending on 31 March next following;

holder” means the person who appears in the register as the holder of a Treasury Bill including in each case, such person's personal representative;

investor” includes a person, group, broker dealer, organisation, firm or company that purchases treasury bills;

Minister” means the Minister charged with the responsibility for the subject of finance;

participating Government” means a Government which is party to the Agreement establishing the Eastern Caribbean Securities Regulatory Commission made on 24 November 2000, the text of which is set out in the Schedule to the Securities Act;

register” means the register on which holders are by virtue of any enactment required to be recorded including 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 to carry out the functions of a securities registry under the provisions of this Act;

Treasury Bill” or “Bill” means any treasury bill issued under this Act including a duplicate Bill issued in place of a Bill which has been damaged, defaced, lost or destroyed.

(Amended by Act 30 of 2003)