Revised Laws of Saint Lucia (2023)

5.   Application for registration

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   (1)   A person engaged in other business activity shall make an application to the Authority to be registered as a supervised entity.

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   (2)   An application for registration under subsection (1) must —

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      (a)     be in the prescribed form;

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      (b)     be signed by the person engaged in other business activity or by a person acting on behalf of the person engaged in other business activity;

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      (c)     be accompanied by a prescribed document or information.

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   (3)   The Authority may require a person engaged in other business activity to —

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      (a)     submit a document or information, in addition to the documents or information specified under subsection (2)(c);

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      (b)     verify a document or information submitted under paragraph (a) and subsection (2)(c) in support of an application, in a manner specified by the Authority.

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   (4)   An applicant shall, as soon as is reasonably practicable, give the Authority written particulars of a change, of an incomplete, inaccurate or misleading document or information where prior to the registration of the applicant —

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      (a)     there is a material change in the document or information submitted by or on behalf of the applicant to the Authority in connection with the application; or

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      (b)     the applicant discovers that the document or information submitted is incomplete, inaccurate or misleading.