2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

30.   Loans not normally to be made if applicant spouse owns a house

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    (1)   Save in special circumstances a loan shall not be made to any person for the purpose of acquiring land or a house from his or her spouse or for the purpose of acquiring a house if his or her spouse is the owner of a house.

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    (2)   The written declaration to be signed in accordance with section 19(2) of the Act, by a person applying for a loan shall be in Form 1 in Schedule 2.