2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

36.   Loans for acquisition, erection, repair, of houses

A loan for the acquisition, erection, repair or improvement of any house may be made only if the land on which such house is situated or to be situated consists of either—

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    (a)     land absolutely owned; or

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    (b)     land the subject of a lease in respect of which the unexpired period of the lease embraces the period for which the loan is to be granted.