Revised Laws of Saint Lucia (2023)

2.   Interpretation

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    (1)   In this Act —

Agreement” means the Agreement establishing the Eastern Caribbean Securities Regulatory Commission made on the 24th day of November, 2000, and any amendments to the Agreement, the text of which is set out in the Schedule;

Article” means an Article of the Agreement;

Commission” means the Eastern Caribbean Securities Regulatory Commission established under Article 3 of the Agreement;

Commissioner” means a member of the Commission;

Currency Union” means the member countries of Anguilla, Antigua and Barbuda, The Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher and Nevis, Saint Lucia and Saint Vincent and the Grenadines, that use the Eastern Caribbean currency as their official currency;

Eastern Caribbean Central Bank Agreement, 1983” means the Agreement establishing the Eastern Caribbean Central Bank done at Port-of-Spain on the 5th day of July, 1983 and its amendments;

Minister” means the Minister responsible for finance;

Participating Government” means the government of a member country of the Currency Union.

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    (2)   A word that is used in this Act for which a definition is not provided in subsection (1) has the meaning assigned under Article 2 of the Agreement.