Revised Laws of Saint Lucia (2023)

29K.   Default of agreement with respect to associated and joint property

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    (1)   The Court may, if it thinks it is just and equitable, make an order providing for—

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      (a)     an interest to be extinguished; or

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      (b)     an excepted joint owner's interest to be severed.

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    (2)   An order under subsection (1) must provide for the payment of an amount to the person who holds the associated property or is an excepted joint owner.

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    (3)   In making an order under subsection (1) the Court must have regard to—

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      (a)     the rights of a person who holds the associated property or who is an excepted joint owner and the value to that person of that property or of that person's share; and

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      (b)     the interest of the person who applied for the order under section 29H in realizing the value of the forfeitable property.

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    (4)   Where the Court is satisfied that—

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      (a)     the person who holds the associated property or is an excepted joint owner has suffered loss as a result of the seizure of the forfeitable property and any associated property and its subsequent detention; and

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      (b)     the circumstances are exceptional,

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      an order under subsection (1) may require the payment of compensation to that person.

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    (5)   The amount of compensation to be paid under subsection (4) is the amount the Court thinks reasonable, having regard to the loss suffered and any other relevant circumstances.

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    (Inserted by Act 18 of 2023)