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Title: Saint Vincent government gazette
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STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00077473/01062
 Material Information
Title: Saint Vincent government gazette
Alternate Title: Government gazette
St. Vincent government gazette
Physical Description: v. : ; 35 cm.
Language: English
Creator: Saint Vincent
Publisher: G.P.O.
Place of Publication: Kingstown, St. Vincent
Kingstown St. Vincent
Publication Date: January 28, 1969
Frequency: weekly
regular
 Subjects
Subject: Gazettes -- Periodicals -- Saint Vincent   ( lcsh )
Genre: federal government publication   ( marcgt )
legislation   ( marcgt )
periodical   ( marcgt )
Spatial Coverage: Saint Vincent and the Grenadines -- Saint Vincent
 Notes
Dates or Sequential Designation: v. 1, no. 1 (1868)-v. 112, no. 48 (Tues., 23 Oct. 1979)
General Note: Description based on: Vol. 111, no. 1 (Tues., 3 Jan. 1978); title from caption.
General Note: Supplements which accompany some numbers contain extraordinary issues, ordinances, statutory rules of order, etc.
 Record Information
Bibliographic ID: UF00077473
Volume ID: VID01062
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 19844741
lccn - sn 89018505
 Related Items
Succeeded by: Government gazette

Table of Contents
    Main
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
        Page 26
    Statutory Rules and Orders No. 2: Motor Vehicles (Fees and Duties) (Amendment) Regulations, 1969
        A-11
        A-12
    Statutory Rules and Orders No. 3: Agricultural and Co-operative Bank of Saint Vincent Regulations, 1969
        A-13
        A-14
        A-15
        A-16
        A-17
        A-18
Full Text


















SAINT VINCENT


GOVERNMENT GAZETTE


n1ublishtf bl Antborit.

VOL. 102.] SAINT VINCENT, TUESDAY, 28 JANUARY, 1969 [No. 6.


GOVERNMENT


NOTICES.


No. 25.
RETURN OF ADMINISTRATOR TO THE TERRITORY.

With reference to Gazette Notice No. 12 of 14th January, 1969, His
Honour ITYWEL GEORGE, C.M.G., O.B.E., Administrator of St. Vincent, returned
to the Colony at 10.40 a.m. on Sunda 2(ith January, and resumed the Adminis-
tration of the Government of St. Vincent.
28th January, 1969.


No. 26.
RETURN OF THE HONOURABLE CHIEF MINISTER/MINISTER
OF FINANCE

With reference to Gazette Notice 23 of 24th January, 1969, the Hon.
R. Milton Cato, Chief Minister/Minister of Finance returned to the Territory
o.n Monday 27th January, 1969.
27th January, 1969.
q.M. 569.
.,. 0._
^ --------


No. 27.
/ FRENCH CONSULAR
REPRESENTATION.


With reference to Gazette Notice
No. 204 of August 20, 1968, it is notified
for general information that Her Majes-
ty the Queen's Exequator was issued on
November 12, 1968, empowering Mon-


sieur PAUL TAURE to act as Consul-
General of France for Antigua, Grena-
da, Dominica, St. Kitts-Nevis-Anguilla,
St. Lucia, Bahamas, Cayman Islands,
British Honduras, with residence at San
Juan, Puerto Rico.

28th January, 1969.
(445.)





20 SAINT VINCENT. TUESDAY, 28 JANUARY, 1969.-


No. 28.
UNITED STATES CONSULAR
REPRESENTATION.

With reference to Gazette Notice
No. 246 of -October 1. 19iS., it is notified
for general information that Her Majes-
ly the Queen's Exequator, bearing date
December 20, 1968, has been issued, em-
powering Mr. GAR ;TT G. SWEANY
io ;- as V.ice-Consul of the United
States for Antigua, Dominica, Grenada,
St. C(ilristopher-Nevis-Anguilla, St. Lu-
cia, St. Vincent, Molntserrat and the
Blitish Virgin Islands, with residence
at Bridgetown, Barbados.
28th January, 1969.
(E.A. 14.)

No. 29.
UNITE-D ?TATE" CONSULAR
REPRESENTATION.

With reference to G(azette Notice
No. 246' of October 1. 1968, it is notified
for general information that Her Majes-
ty the Queen's Exequator, bearing date
December 20, 1968, has been issued, em-
pow',ria:ng Mrr. CnIARL:. H. BRAYSHAW
to act as Vice-Consul of the United
States for Antigua, Dominica, Grenada,
St. (Cuistolpher-Nevis-Auguilla, St. Lu-
cin, St. Vincent, Montserrat and the
British Virgin Islands, with residence
at Bridgetown, Barbados.
2oth anliuary, 119(;!.
(E.A. 14.)

No. 30.
LEGISLATION.

The following Documeni ts are published ((
with this issue of the Gazette:-
S.R. & ()0. No. 2.-Motor Vehicles
(Fees and Duties i (Amendment)
Regulations. 1969.
(M.F. 622.)

S.R. & O. No. 3.-Agricultural and
Co-operative Bank of Saint Vincent
Regulations, 1969.

28th January, 1969.

No. 31.
SUPPLEMENT TO GAZETTE.

Copies of the Minutes of the Fifth
Sitting of the Second Session of the
Legislative Council held on the 9th Jan-
uary, 1969, which may be seen at Gov-
ernment Ofiice, the Kingstown Library
and all Revenue Offices are published
with this issue of the Gazette.
28th January, 1969.


No. 32.
I[S!rPITALS' BOARD OF VISITORS
KINGSTOWN GENERAL HOSPITAL.

The undermnentioned persons have
Lee:! a:!)oited members of the Hospi-
tals Board of Visitors for the period
endiiig 31st December, 1969:-
Mr. JoilN L. CHIAIPMAN-Chairman
AMr. DAVID DEAR
Mrs. SHIRLEY ABBOTT
Mrs. CLARA JOHN
Mrs. H. H. HAMLET
Mrs. H. tI. WILLIAMS.
28th January, 1969.
(HTH/011/13.)


By Command,


J. V. ALVES,
Permanent Sccretary,
Chief Minister's Office.

CHIEF MINISTER'S OFFICE,
ST. VINCENT.
281 t January, 1969.



DEPARTMENTAL AND
OTHER NOTICES.


NOTICE

The attention of the Public is drawn
to Section !2 of the Sa;int Vincent Sav-
ings Bank Rules made on 1st May, 1936
which reads as follows:-

"12. Every deposited shall once in
each year, in the month of February,
forward his passbook to the Manager
for examination and comparison with
the books of the office, and for entry of
any interest due to the 31st December
previous. If any depositor fails to send
in his passbook as herein directed the
Colonial Treasurer may without fur-
ther forlnality forthwith direct that ex-
cept tile withdrawal of the whole amount
standing to the credit of the depositor
no further transactions shall be allowed
in respect of the account".

Every depositor who has so far not
'orwaided his passbook to the Treasury
is requested to do so as soon as possible.


A. J. DaSILVA,
Accountant General.


25th Jainary, 1969.


~


-(No. 6.)





SAINT VINCENT, TUESDAY, 28 JANUARY, 1969.-(No. 6.)


NOTICE

INCREASE IN BAR EXAMINATION
FEES.


The Council of Legal Education has
decided that in view of rising expenses,
it is necessary to raise examination fees
charged by the Council for the Part I
and Part II Bar Examinations. Accor-
dingly with effect from the next examin-
ations to be held in May 1969, the fees
will be as follows:
(a) The fees for the examination in
each Section of Part I will be
raised from 1 to 2:
(b) The fee for the examination in
each Section of Part II will be
raised from 1. 5. to 2:
(c) For students taking the examina-
tion at an overseas centre the fee
for the examination for each Sec-
tion of Part I or Part II will be
raised from 2 to 3.
(NOTE: There will continue to be, as
in the past, an overseas local cen-
tre fee paid direct to the body
making the local arrangements
for supervising the examination.
This fee varies according to the
overseas centre concerned.)
(d) The exemption fee for University
graduates will remain unchanged
at 1 for each Section in Part I
for which exemption is granted.
In view of this announcement it has
also been decided that the last date for
entries for the Trinity Bar 1969 exam-
inations to be received will be 1st March
1969. No entries whatsoever will be re-
ceived after that date.
28th January, 1969.


WESP INDIES ASSOCIATED
STATES SUPREME COURT
IN THE HIGH COURT
(CRIMINAL JURISDICTION)
ST. VINCENT CIRCUIT
A.D. 1969

FEBRUARY CRIMINAL ASSIZES

Notice is hereby given that a sitting
of the Supreme Court of the West
Indies Associated States in its CRIMI-
NAL JURISDICTION will be held at
the Court House, Kingstown, on Thurs-
day, 6th February, 1969 at 10.00 o'clock
in the forenoon and continuing.
All parties concerned also such per-
sons as are bound over by recognizance
to prosecute, answer charges or give evi-


deuce or summoned as Jurors or wit-
nesses, are hereby commanded to give
their personal attention and attendance.
BY COMMAND,
A. T. WOODS,
Acting Registrar Supreme Court.
Registrar's Chambers,
Kingstown,
St. Vincent.
21st January, 1969.


WEST INDIES ASSOCIATED
STATES SUPREME COURT
IN THE HIGH COURT.
(ST. VINCENT CIRCUIT)
A.D. 1969.
SuITr No: 193 OF 1966.
BETWEEN:
CANADIAN IMPERIAL BANK-Prlri;,,ii
OF COMMERCE
AND


OLIVER DA SILVA


-Defendant


PURSUANT to an Order made on
the 31st day of July, 1967 THERE
WILT. BE OFFERED FOR SALE by
the Registrar of the Supreme Court at
the Court House, Kingstown, St. Vin-
-cent, )btv,-een the hours of Q.30 a.m. and
12 noon on Saturday the 8th day of
February, 1969 all the Right Title and
Tnterest messages lands and tenements
vested in and in the possession of the
Defendant-OLIVER DA SILVA-of
Richmond Hill as specified in the Sche-
dule hereto.
THE SCHEDULE
ALL THAT LOT piece or parcel of
land situate at Montreal in the Parish
of Chlrlotte in the Island of Saint Vin-
c'nt being TEN AND ONE-HALF
(10()1., Acres in area more or less and
butted and bounded on the North by
lands presumably owned by Iardy
Bowman on the East by a river on the
South by lands presumably owned by
Edward Lewis and on the West by a
Go-vernnment Road or howsoever other-
wise the same may be butted bounded
known or described together with all
ways waters wrtercourses lights liber-
ties privileges and all other easements
and appurtenances thereto belonging or
usually held used occupied and enjoyed
therewith or reputed to belong or be
appurtenant thereto.
Reserved Price $15,000.00.
Dated this 20th day of January, 1969.
A. T. WOODS,
Acting Registrar of
the Supreme Court.





22 SAINT VINCENT, TUESDAY, 28 JANUARY, 1969.-(No. 6.)


WEST INDIES ASSOCIATED
STATES SUPREME COURT
IN THE HIII COURT.
(ST. VINCENT CIRCUIT)
A.D. 1969.
SUIT No: 151 OF 1966.
BETWEEN:
TiHE ROYAL BANK OF -Plainif
CANADA
AND
LEONARD ALEXANDER -Defe ndant

PURSUANT to an Order mqde on
the 8hi day of July. 1968 THERE
WILL BE OFFERED FOR SALE by
the Registrar of the Supreme Court at
the Court Iouse, Kingstown, St. Vin-
cent, between the hours of 9.30 a.m. and
12' noon on Saturday the 8th day of
February, 1969 all the Right Title and
interest messages lands and, telnements
vested in and. in the possession of the
Defendant LEONARD ALEXANDER
of Kiingstown as specified in the Sche-
dule hereto.
THE SCHEDULE
ALL THAT LOT piece or parcel of
land situate at Fountain in the Parish
of Saint George in the. Island of Saint
Vincent bcing Lot No. 9 of the Fountain
Estate Allotments containing by ad-
measurement Four Thousand Five Hun-
dred and Nineteen Square Feet (4,519
sq. ft.) in extent and abutted and
bounded on the North-East by Lot
No. 11 on the South-East by Lot No. 10
on the South-West by a Road and on
the North-West by a Canal Reserve or
as is delineated in a Plan or Diagram
thereof dated the 17th day of June 1960
drawn by E. Stins)ni Campbell Licensed
Land Surveyor and lodged at the Sur-
veys Office on the 29th day of June 1960
under Plan Number G 464 together with
all buildings and erections thereon and
all easements thereto belonging.
Reserved Price $900.00
Dated this 20th day of January, 1969.
A. T. WOODS,
Acting Registrar of
the Supreme Court.

WEST INDIES ASSOCIATED
STATES SUPREME COURT
IN THE IIGHII COURT.
(ST. VINCENT CIRCUIT)
A.D. 1969.

SUIT No: 34 oF 1967.
BETWEEN:
THE ROYAL BANK OF -Plaintiff
CANADA
AND
DILWIN BAPTISTE -Defendant

PURSUANT to an Order made on


the 9th May, 1968, THERE WILL
BE OFFERED FOR SALE by the
Registrar of the Supreme Court at
the Court Iouse, Kingstown, St. Vin-
rent, between the hours of 9.30 a.m. and
12 no., oil Saturday the 8th day of
February, 1969 all tile Right Title and
Interest 1messuages lands and tenements
vested in and in the possession of the
IDefendant DILWIN BAPTISTE of
Biiabou as specified in the Schedule
ihereto.
THE SCHEDULE
ALL THAT LOT piece or parcel of
land,situate at Adelphi being a part of
Adelphi Estate in the Parish 'of Char-
lotte in the Island of Saint Vincent being
Lot No. 99 in a plan prepared by Arthur
Bertram Anderson Spence Licensed
Land Surveyor and which said lot
of land contains ONE ROOD and
TWENTY-THREE POLES (1 R.
23 P.) and is bounded on the North by
a road and by Lot Number 82 on the
South by lands of Adelphi Estate on the
East by a road and on the West by
Grant's Village Together with build-
ings and erections thereon and all ways
waters watercourses rights lights liber-
ties privileges and all other easements
and advantages thereto.
Reserve Price $500.00

Dated this 20th day of January, 1969.

A. T. WOODS,
Acting Registrar of
the Supreme Court.


ST VINCENT:
IN THE IGII COURT OF JUSTICE


(APPELLATE JURISDICTION)

THE HIGH COURT will sit in its
Appellate Jurisdiction for the disposal
of Magisterial Appeals in St. Vincent
conunencing on Wednesday the 29th
January, 1969 at 9.00 o'clock in the
forenoon.
THE COURT will comprise the Hon-
ourable Mr. Justice St. Bernard, presid-
ing, and the Honourable Mr. Justice
Neville Peterkin.
DATED this 6th day of January,
1969.

A. T. WOODS,
Ag. Regist/ar, iigh Court,
St. Vincent.
Registrar's Chambers,
Kingstown,
St. Vincent.





SAINT VINCENT, TiLESDAY, 28 JANUARY, 1!)G9.-(No. 6.)


INCOME TAX NOTICES.

TO ALL EMPLOYED PERSONS


Every person deriving income from
any employ ont or by way of pension
is hen'eijy reminded liaat the latest date
tor the submision of Income Tax elc-
turns for ;:s. essment in the year 19o9
is the d,i January, 1969, and that fail-
ure to give notice of chargeability is
an offence against the Income Tax Or-
dinance, rendering the person con-
cerned liable on conviction to a fine
not exceeding ONE TPIOUSAND DOL-
LARS and in default of payment to im-
pri.ionment with or without hard labour
for a term not exceeding four month;,
and after judgement has been given
for that penalty to a further penalty of
fifty dollars for every day during which
the refusal, failure or neglect to ren-
der any document continues.
2. EVERY PERSON whose income
accruing in, derived from the Colony
or elsewhere and whether received in
the Colony or not for the preceding
year, exceeded the statutory limit of
$600.09 is required to submit a refurni
on the prescribed form notwithstand-
ing that on account of approved de-
ductions no tax may eventually be
chargeable, and particular attention is
directed to the fact that the term "in-
come" is deemed to include not only
money but also allowances in kind.
3. Efforts are being made to send
forms to such persons through their
Employers or Heads of Departments
(in the case of Government Employees).
It is to be clearly understood, however,
that the Income Tax Department is
under no obligation to send a return
to anyone and that a person is not ex-
onerated from the statutory liability
of making a return even though a form
may not have been received from the
Department. Forms may be obtained,
on application, at the Revenue Offices
at Georgetown, Barrouallie, Bequia
and Union Island, or in any other dis-
trict from the Police Station situate
therein, or from the Income Tax Office,
Kingstown, where any person requir-
ing information in connection therewith
is invited to enquire.
4. Where Officers are in receipt of
income other than salaries, the form
should include particulars thereof and
should be accompanied by the necessary
supporting statements.

N. R. CUMMINGS,
Comptroller of Illand Revenue
(Ag.)
Inland Revenue Office,
Kingstown,
8th January, 1969.


TO TIE GENERAL L PUBLIC


Every person, nut being an employed
person, is hereby reminded that the
latest date for the submission of Income
'lax Return., for assessment in the year
1969 is the 31st March, 1969, and that
failure to give notice of chargeability
i. an oh'ence against the Income Tax
Ordinance rendering the person con-
cerned liable on summary conviction to
a penalty not exceeding ONE TIIOU-
SAND DOLLARS and in default of
payment to imprisonment with or with-
out hard labour for a term not exceed-
ing four months, and after judgement
has been given for that penalty to a
further penalty of fifty dollars for
every day during which the refusal,
failure or neglect to render any docu-
ment continues.

2. EVERY PERSON whose income
accruing in, derived from the Colony
or elsewhere and whether received in
the Colony or not for the preceding
year, exceeded the statutory limit of
$600.00 is required to submit a return
on the prescribed form notwithstand-
ing that on account of approved de-
ductions no tax may eventually be
chargeable, and particular attention is
directed to the fact that the term "in-
come" is deemed to include not only
money but also allowances in kind.

3. Efforts are being made to send
foms to such persons. It is to be
clearly understood, however, that the
Income Tax Department is under no
obligation to send a return form to any
one and that a person is not exoner-
ated from the statutory liability of
making a return even though a form
may not have been received from the
Department. Forms may be obtained,
on application, at the Revenue Offices
at Georgetown, Barrouallie, Bequia
and Union T-land, or in any other dis-
trict from the Police Station situate
therein or from the Income Tax De-
partment. Kingrtown. whero any per-
son requiring information in connec-
tion therewith is invited to enquire.

4. The form correctly completed
should be accompanied by all necessary
Statements. Specimens of the form of
account required from small traders and
from occupiers or cultivators of land
will be supplied on request.

N. R. CUMMINGS,
Comptroller of Inland Revenue
(Ag.)

Inland Revenue Office,
Kingstown.
8th January. 1969.





24 SAINT VINCENT, TUESDAY, 2b JANUARY, 1969.-(No. 6.)


SAINT VINCENT:
IN THE HIGH COURT OF JUSTICE

CAUSE LIST FOR SITTING OF THE HIGH COURT (APPELLATE
JURISDICTION) IN ST. VINCENT COMMENCING ON WEDNESDAY
29TH JANUARY, 1969, AT 9.00 O'CLOCK IN THE FORENOON

CRIMINAL:

Year & No. Names of Parties Criminal Offence District

30/68 George
Cumberbatch v. Lawrence Pierre Unlawful and
malicious assault 1st


34/68 Dennis London v. Chief of Police


35/68 Samuel
Cummings


1/1969

2/1969


v. Melvina Martin


Rayford Hoyte v. Chief of Police


Archibald
Prince


3/1959 Jeremiah
Ileywoodc


v. Chief of Police


v. Chief of Police


Unlawfully used
vehicle with one
light

Using insulting words

Assault


Assault


Assault


CIVIL:


4/68 Agatha
Telemaque

5/68 Jean Joseph


Subject Matter


E. Stinson
v. Campbell

v. Eunice
Cummings


6/68 Carol John v. Luenda Henry


7/68 Gov't of
Trinidad

8/68 Sudley John


9/68 Daniel Simon


v. Tyrone Browne


v. Ena John


v. Monsie
Alexander
and
Claydon Conliffe


10/68 Bobby Brisbane v. Cyprian
Hypolite


11/68 Nicholas
DaSilva

12/68 Samuel
Cummings

1/1969 Rudolph
Brewster


Obstructing and
removing
boundary marks

Using insulting words

Unlawful Assault
Causing actual
bodily harm

Application for an
Extradition Order

Assaulting & Larceny
of garden products

Refund of money



Damages for
negligence


Withfield
v. Williams Debt


v. Melvina Martin Assault


v. Anita Poyer


Maintenance


A. T. WOODS.
Acting Registrar High Court,
Rt. Vincent.





SAINT VINCENT, TUESDAY, 28 JANUARY, 1969.-(No. 6.)


EDUCATION NOTICES

UNIVERSITY OF CAMBRIDGE
LOCAL EXAMINATIONS SYNDI-
CATE, GENERAL CERTIFICATE
OF EDUCATION, 1969

This examination will be hlrl in ,St


Vincent from June,
Entry forms which
from the Local S
completed and reti
official fees receip
noon on Friday, 31
The fees are as


University Entry
Fee
University sub-
ject fee (per
subject)

Local fee (not
including fee
for oral exam-
ination)


examination may be obtained on re-
quest from the Local Secretary.

2. These application forms, together
with the Treasury Receipt for the fees
and Birth Certificate must be submitted
to the Local Secretary not later than
noon on Friday, 31st January, 1969.


2nd to July, 27th. 3. Teachers who pursue the pro-
grannme of studies organised by the
ch may be obtained Ministry of Education for the Gen-
ecretary should be eral Certificate of Education will be
irned to him with accepted on the recommendation of the
ts not later than Education Officer. Other private can-
st January, 1969. didates will be accepted if they supply
follows:- to the Local Secretary, documentary
Orinar Ad d evidence that they are pursuing a pro-
gramme of studies for the General Cer-
Level Level tificate of Education. All candidates
who wish to offer Advanced Level
Science subjects are required to sup-
$7.20 $7.20 ply proof to the Local Secretary that
they have adequate laboratory facili-
ties for the study of the subjects.
$2.40 $7.20
The fees are as follows:-

Advanced
Level '0'Level


$4.00 $6.00


Further information may be obtain-
ed from the Local Secretary, Ministry
for Social Services and Education.

THEODORE V. KEANE,
Local Secretary.
13th January, 1969.

UNIVERSITY OF LONDON
G.C.E. EXAMINATION -
JUNE, 1968

Application forms for entry to this


University Initial
fee

TUn diversity exam-
ination fee per
subject

Local fee


$7.20 $7.20



$8.40 $3.60

$6.00 $4.00


J. J. ANTROBUS,
Local Secretary.


14th January, 1969.


PRINTED BY THE GOVERNMENT PRINTER AT THE GOVERNMENT PRINTING OFFICE,
KINGSTOWN, ST. VINCENT.
r Price 30 cents. I










SAINT VINCENT

STATUTORY RULES AND ORDERS,

1969, No. 2.

MOTOR VEHICLES (FEES AND DUTIES) (AMENDMENT)
REGULATIONS.

(Gazetted 28th January, 1969).

1. Short title. These Regulations may be cited as the Motor Vehicles
(Fees and Duties)) (Amendment) Regulations, 1969, and shall be read as
one with the Motor Vehicles and Road Traffic Ordinance, 1940 (No. 20 of
1940) (hereinafter referred to as the principal Ordinance) and all amendments
thereto.

2. Amendment of First Schedule. The First Schedule to the principal
Ordinance as replaced by the Motor Vehicles (Fees and Duties) Regulations,
1961, is hereby amended as follows:-
(a) by the deletion of the words "or quarterly" in line 2 of the first
proviso thereof;
(b) by the deletion of the comma at the end of line 2 of the first proviso
thereof and the insertion of a full stop; and
(c) by the deletion of all the words in line 3 of the first proviso thereof.

3. Commencement. These Regulations shall come into force on the
lst day of February, 1969.



Made by the Ad:inistrator in Council under section 68 (2) of the Motor
Vehicles and Road Traffic Ordinance, 1940 (No. 20 of 1940) this 16th day of
January, 1969.
HUTSON L. MARTINDALE,
Clerk of Executive Council
(IP. 6t2).


PnTrED BY THE GOVERNMENT PRINTER AT THE GOVERNMENT PRINTING OFFICE,
KINGSTOWN, ST. VINCENT.


[ Price 4 cents. 1


1969.






SAINT VINCENT.

STATUTORY RULES AND O.DDERSg.

1969, No. 3.


AGRICULTURAL & CO-OPERATIVE BANK OF SAINT VINCENT
REGULATIONS.

(Gazetted 28th January, 1969).

1. Short title. Thene Regulations may be cited as tlih Agricultural and
Co-operative Bank of Saint Vincent Regulations, 1!)69.

2. Interpretation. For the purposes of the Ordinance and tliese Regu-
lations-
"borrower" means an applicant who has obtained a loan under 1he
Ordinance;
"economic farm unit" means an area of farm land that, together \ith
such buildings, farm equipment and livestock, as in the judgmenll
of the Bank are neces ary for.the efficient use and exploitation
of the land as a farming enterprise, will, under the operation of
the applicant, produce revenue sufficient to:
(i) pay the cost of operation and maintenance of the l!nd,
buildings and chattels;
(ii) provide a livelihood for ihe applieiiint and his filmilly:
(iii) pay to the Bank within the time agreed the amount of the
loan made to the applicant;
(iv) pay all indebtedness left outstanding in an orderly manner;
"equipment" in relation to-
(i) "farms" means tractors, trucks, tillage, planting, spraying,
irrigation and harvesting machinery, and livestock equip-
ment, normally used in the operation of a farm and which
are not affixed to the land but for loaning and security pur-
poses does not include hand and sundry inall tools;
(ii) "fishing" includes boats, engines, nets and gear;
(iii) "storage and processing units" includes refrigeration units,
fans, warehouse mobile lifts and trucks, power machinery,
grading, packaging and processing equipment and the like:
"farmer" means a person whose principal occupation is farming
and who has attained the age of 21 years;







"farming" includes agricultural and horticultural field crops and
forestry products all requiring tillage and or management of
the soil, livestock raising and dairying;
"farm lands" include a house or re: idence and .uch compliment of
buildings required in the operation of the farm;
"Ordinance" means the Agricultural aniid Co-operative Bank of Saint
Vincent Ordini;nce, 1966. (No. 1i of 1966).

3. Applications. Every application for a loan under the Ordinance
shall be made to the office of the Ban]- in Kingstown on the form provided
by the Bank.

4. Payments to be made by Applicants. Every applicant for a loan shall
pay-
Sa) in respect of each implication for a loan a minimum application fee
of five dollars;
(b) upon the loan being made an appraisal fee equal to one-half of one
per cent of the amount of loan which will be retained by the Bank
from loan funds approved; and
(c) where an application for a loan is rejected or withdrawn before an
appraisal of the land to be mortgaged is made, the five dollar appli-
cation fee paid by the applicant shall be refunded to him.

5. Applications not to be entertained in certain cases. (1) No applica-
tion should be encouraged and no loan shall be made on the security of a farm
or fishing enterprise that is not part of an operating unit of suefflient size and
quality to produce, under the operation of the applicant, revenue which,
together with any supplementary income, is sufficient-
(a) to pay the cost of operation and maintenance of the enterprise;
(b) to provide a livelihood for the applicant and his family; and
(c) to pay the Bank within the time agreed upon the amount of loan re-
quired plus such other debts as would remain outstanding in an
orderly manner.
(2) Where, in the judgment of the Bank, an applicant for a loan has the
resources required to complete an economic unit the Bank may decline to
make a loan to him or limit the amount of loan to be made to him.

6. Appraisals. In appraising farm land, storage and procesrinlg units,
produce, chattels and equipment in respect of which a loan under the Ordin-
ance is requested on the security, the following rules shall be followed:-
(i) In the case of farm land-
(a) the appraised value of the farm shall be based on the value
of the land for agricultural purposes, including the com-
mercial value of any part thereof used by the applicant for





15

the production of forest products, and so far as possible,
on the productive vafue thereof 1.ised on the average yield
and prices of farm products and operating cost,;
(1) a farming enlerpri,:e comprising one or more parcels of
land hall be appraised as one unit. with the home rental
value as adjusted to the farm unit and its location being
included in iis value for agricultural purposes;
(e) fruit and nut trees may. depending on the kind and variety
grown, their age, condition and pr-.spective life, be con-
sidered as enhancing the value of thi !and for agricultural
purposes if they comprise a coninercial sc;le orchard or
grove and the land is in an area in whiirh the orchards or
groves have a good productive record, ibt bl.;-h fruits and
small non-com;nn:rcei;!l orchard.- shall not be considered as,
enhancing the value of the land on which they are situated;
(d) where one of the purposes for which a !oan i1 requested is
to erect farm buildings or tc clear, drain, irrigate, lime,
fence or make any other permanent improvement to in-
crease the productive value of the farm to be mortgaged,
the enhanced value of the land after these improvements
have been made will be taken into account.
(ii) In the case of Storage and Proce s;ng Units excluding icveable
machinery and equipment-
These should be valued on current cost to replace the utility
less all forms of depreciation including deterioration by
way of age and needed repairs, functional and economic
obsolescence.
(iii) In the case of produce-
Value should be estimated on the basis of volume and
quality, present unit market price of the product or the
average price paid over the last three years, whichever is
the lesser.
(iv) In the case of moveable machinery and equipment-
These should be apprai-ed at heir market value as used
equipment.

7. No loan to be made before appraisal. No ],;an shall be made or agreed
to be made by the Bank until an appraisal is iranl of the e:',terpri;e to be
mortgaged to secure payment of the loan.

8. Application for loan to make improvements. Where an application
is made for a loan for the purpose of erecting farm buildings or to clear, drain,
irrigate or fence or make other improvements to invrea;e the productive value
of the enterprise to be mortgaged, the Bank may approve a loan based on the
estimated enhanced value of that land, and such loan shall be disbursed by







such installments as may be determined by the Bank in accordance with the
progress in the improveennt- or the construction thereof.

9. Borrower to insure security against fire, etc. Every borrower shall
insure the buildings, chaltels and produce mortgi-ged to the Bank as security
for a loan for the duration of the mortgage against los, cr damage by fire and
such other hazards as the Btnk shall require, for such amount not in excess
of their full insurable value as the Bank may require, and shal! assign, and if
required deliver, to the Bank the policy or policies of insurance.

10. Loan not to exceed certain amount. A loan made for any of the
purposes prescribed by the Ordinance may not exceed the following amount
in total to any one borrower without reference to the Board of Directors:-
In the case of-
(a) Owner ......... ...... $4,000.00
(b) Co-operative Society ...... ...... ...... $5,000.00
(c) Lessee or Tenant ...... ...... ...... $1,500.00
(d) Agricultural & Livestock products ...... $2,500.00

11. Borrower not permitted to replace security Without permission. (1)
Where Agricultural or Fisheries produce, livestock or equipment of any
kind is taken as security for a loan from the Bank, the borrower is not per-
mitted to replace such security without notifying and obtaining permission
from the Bank.
(2) In the case of livestock, natural increase of progeny forms part of
the security for the loan so advanced until repaid.

12. Delegation of Powers by Board. Subject to the provisions of the
Ordinance, the Board may delegate its powers of determining the terms, con-
ditions and the sufficiency of the security that may be necessary in furtherance
of the exercise of the powers of granting loans, respectively conferred on the
Manager of the Bank.

13. Bank may cancel or modify approval of loan or advance. At any
time after the approval of the loan or advance, and before the actual payment
of the money, the Bank may at its discretion cancel or modify .,mch approval
and withhold payment of the whole or a portion of the money.

Repayment and Conditions
14. Interest. (1) Interest shall be charged on loans and advances made
under the provisions of the Ordinance at such rate as the Board may from
time to time determine.
(2) Interest and principal shall be payable in monthly, quarterly, half-
yearly or annual instalments as agreed to in the mortgage or other contract
drawn between 1he Bank and the borrower.





17

15. Borrower in default. (1) Whenever a borrower is in default his
security will then become subject to sales proceedings by the Bank, in accord-
ance with the laws of Saint Vincent, first through process of Public Auction,
and if unsuccessful, then by separate sale agreement between the Bank a-n4 a
private purchaser.
(2) For the purposes of thii section, a borrower who abandons, neglects
or attempts to sell or dispose of all or any part of his security shall be deemed
to be a borrower in default.

17. Applicant to pay legal fees. An applicant is required to pay all
legal and disbursement fees in securing his loan, and such fees shall be paid
from the proceeds of the loan to be advanced.

18. Manner of crediting borrower's account or payment. Every pay-
ment made by or on behalf of a borrower in respect of a loan made under the
Ordinance shall be credited to the borrower's account in the following order.-
(a) Charges other than interest that have been added to the amount of
the loan;
(b) Interest owing;
(c) Principal owing;
(d) Principal not owing.

19. Bank may accept prepayment. The Bank may accept prepayment
of the whole or any part of a loan at any time.

20. Discharge on repayment. Upon the repayment of any loan in full,
the Bank shall deliver a discharge of the mortgage or other agreement so
registered.
Administration
21. Appointment of Solicitor. The Board may appoint a Solicitor or
Solicitors who shall act on behalf of the Bank and perform such duties as the
Bank may determine from time to time.

22. Commencement. These Regulations shall come into operation on
the 3rd day of February, 1969.


Made by the Board of Directors for the Agricultural and Co-operative
Bank of Saint Vincent under section 29 of the Agricultural and Co-operative
Bank of Saint Vincent Ordinance, 1966 (No. 16 of 1966) this 1st day of
November, 1968.
C. A. JACOBS,
Chairman.








Approved by the Administrator under Section 20 of the Agricultural and
Co-operative Bank of Saint Vincent Ordinance, 19C6 (No. 16 of 1966), this
28th day of January, 1969.

H. GEORGE,
Administrator.


PRINTED BY TIIE GOVERNMENT PRINTER AT THE GOVERNMENT PRINTING OFFICE,
KINGSTOWN, ST. VINCENT.
[ Price 24 cents.
1969.




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