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Title: Saint Vincent government gazette
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Permanent Link: http://ufdc.ufl.edu/UF00077473/01146
 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: April 21, 1970
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: VID01146
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 197
        Page 198
        Page 199
        Page 200
        Page 201
        Page 202
        Page 203
        Page 204
        Page 205
        Page 206
    Act No. 6 of 1970: An Act to provide for the Salary, Allowances and pension benefits of the Governor and for matters incidental thereto
        Page A-35
        Page A-36
        Page A-37
        Page A-38
    Act No. 7 of 1970: An Act to provide for the establishment of a Corporation to promote the Development of St. Vincent, to define the powers of the said corporation and for puroses connected with the matters aforesaid
        Page A-39
        Page A-40
        Page A-41
        Page A-42
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        Page A-48
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Full Text
























SAINT VINCENT


GOVERNMENT GAZETTE


Sunblishtib hi Antljoritu.


VOL. 103.] SAINT VINCENT, TUESDAY, 21 APRIL, 1970. [No. 26.


GOVERNMENT NOTICES
No. 96.
UNIFORMS FOR POSTMEN

Tenders are invited for supplying
and making Uniforms for Postmen for
the year ending 31st December, 1970.
The Uniforms consist of long brown
Terylene Trousers and beige cotton
shirts, long sleeves with two (2) flap
pockets and shoulder straps, and the re-
quirements are for approximately twen-
ty (20) postmen. Samples should be
submitted with the Tender.
Tenders which will be received up to
3 p.m. on Monday 27th April, 1970 must
be sealed and addressed to the Chairman,
Tenders Board, Ministry of Finance,
Kingstown and distinctly marked on the
envelope "Tenders for the supply of
Postmen Uniforms".
The Government does not bind itself
to accept the lowest or any Tender, and
reserves the power of accepting any part
of a Tender.
7th April, 1970.


No. 110.


VACANT POSTS


VACANT POST OF AMBULANCE DRIVER,
KING~TOWN GENERAL HOSPITAL

Applications are invited for the post
of Ambulance Driver at the Kingstown
General Hospital.




" ,,

^s.-)\


2. Applicants, who should be between
the ages of 20 and 30 years, should hold
a current Driving Licence, have had no
Driving Offences, and produce a Medi-
cal Certificate of Fitness which includes
a satisfactory Eye Test.
3. Salary will be pail1 in the Scale
.1,200 x $60-$1,620 x 84-$1,788.
4. Applications, accompanied by two
recent Testimonials, should be forward-
ed to the Chief Personnel Officer, Ser-
vice Commissions Department, Kings-
town to reach him not later than 30th
April, 1970.
21st April, 1970.

No. 111.
VACANT POSTS OF' PRINTING OFFICER,
GOVERNMENT PRINTING OFFICE, MINISTRY
OF HOME AFFAIRS
Applications are invited from suitably
qualified persons for appointment to the
post of Printing Officer, Government
Printing Office, St. Vincent, in the MIin.
istry of Home Affairs.
Duties
The duties of the post include com-
posing, imposing, pressnminding, bind-
ing and a general knowledge of print-
ing.
Salary
The Scale of the post is $1,392 x $84
-$1,560 x $96-$2,040 x $120-
$2,880 and the commencing point will



~ '* I;.\ *













SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


depend on the qualifications and ex-
perience of the successful applicant.
Applications together with two recent
testimonials must be addressed to the
Chief Personnel Officer, Kingstown, St.
Vincent, to reach him not later than
27th April, 1970.
21st April, 1970.

No. 112.
VACANT POSTS IN THE DRAWING OFFICE,
LANDS & SURVEYS DEPARTMENT,
MINISTRY FOR AGRICULTURE, TRADE
& TOURISM.

Applications are invited for the fol-
lowing vacant posts in the Drawing
Office, Lands & Surveys Department,
Ministry of Agriculture, Trade & Tour-
ism :-
(1) Senior Surveying Draughtsman,
with salary scale $2,400 x $120-
$2,880/3,048 x $144-$3,624 x
$180-$3,984. To be filled on a
permanent and pensionable basis.
,(2) Assistant Draughtsman, with sal-
ary scale $1,392 x $84-$1,560 x
$96-$2,040 x $120-$2,880. To
be filled on a permanent and pen-
sionable basis.
(3) Assistant Draughtsman, with
salary scale $1,392 x $84-$1,560
x $96-$2,040 x 120-$2,880. To
be filled on a temporary month-
to-month basis.
2. Preference will be given to appli-
.cants who hold the General Certificate
of Education at Ordinary Level with
passes in Mathematics and English Lan-
guage. An aptitude for line drawing
would be an asset.
3. Successful applicants may be
trained further overseas after a short
period of service in the Department.
4. Applications in the applicant's
own handwriting and accompanied by
two recent testimonials should be ad-
dressed to the Chief Personnel Officer,
Service Commissions Department, to
reach him not later than 6th May, 1970.



No. 113.
SCHOLARSHIPS, 1970/71

The Government of St. Vincent con-
tinues to seek, through various agencies,
to make awards available to Vincentians
for" study abroad. These awards are


subject to the acceptability of the candi-
dates to the donor country and successful
applicants are required to sign a Bond
to return to work in St. Vincent.

Awards for Undergraduate study are
available at the University of the West
Indies-through Government, under the
West Indies Scholarship Scheme; and
through the University, under the Cana-
dian Bursaries Scheme. To be eligible
for these awards, candidates must have
been accepted by the University for en-
trance, and should therefore sit the Uni-
versity's Scholarship & Entrance Exam-
ination held throughout the Caribbean in
February of each year. Applications
may be made to the Extra-Mural Tutor
between September and December, an-
nually.
Undergraduate awards formerly avail-
able in Canada have, for the past three
years, been tenable at U.W.I.-Canada
having granted the University funds to
award fifty (50) scholarships to stu-
dents from the Windwards and Lee-
wards, on the results of the Scholarship-
Entrance Examination.
Commonwealth Scholarships award-
ed primarily for Graduate Study and
research, are tenable in most of the
larger Commonwealth countries. In cer-
tain fields, however-Art, Architecture,
Archaelogy, Veterinary Science-under
graduate awards may be made.
Technical Training is offered widely
in Britain and in Canada; this year, em-
phasis has been placed on the training of
teachers in technical subjects: four hav-
ing been nominated for Britain under
the Commonwealth Teacher Training
Bursary Scheme, and four for Canada
under the Commonwealth Caribbean As-
sistance Programme. Other technical
programmes are available under British
Technical Assistance and the West In-
dies Training Scheme.
Medical and para-medical courses are
offered in 1970/71, at the University of
the West Indies, in India and at other
Institutions in the West Indies and
abroad. The Pan-American Health Or-
ganisation is particularly helpful in this
field. For 1970, the Smith & Nephew
Post-graduate Fellowships tenable' in
the United Kingdom, are offered in Med-
icine.
Training for Government Officers is
arranged through all available agencies
at all levels locally, in the West Indies
and further afield.
9th April, 1970.













SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


No. 115.


PRESS RELEASE


TRAINING


TRAINING


Surveys
Returning to St. Vincent last week
from Britain was Mr. C. E. R.
WILLIAMS, Chief Surveyor, who has re-
cently completed the Final Examina-
tions of the Royal Institute of Chartered
Surveyors. Mr. William's year and a
half of study at the Waltham Forest
College of Technology was made possible
under British Technical Assistance.
Two other Vincentians are still in
training at Waltham Forest Mr.
E. K. V. ANDERSON, who has already
passed his first examination; and Mr.
R. S. NANTON, in his first year.
Customs
On Friday April 10th, Mr. S. E.
JOSHUA, Collector of Customs and Ex-
cise and Mr. DOUGALD BYRON-COx,
Senior Customs Officer, returned home
from Guyana. Messrs. Joshua and Cox
attended a five-week course at the
CARIFTA Secretariat in Georgetown,
Guyana, designed to prepare Senior
Customs Officials for the Change-over
to the Brussels Trade Nomenclature.
The course, financed by the United
Nations Development Programme, was
officially closed on Wednesday April, 8,
by Mr. EVAN DRAYTON, Adviser to the
Secretary- General and Guyana's Am-
bassador-elect to Brazil.
Police
Also returning over the weekend was
Detective Constable G. K. CHARLES of
the Royal St. Vincent Police Force.
Mr. Charles, recipient of a 3-month
British Technical Assistance Award, at-
tended two courses at the Metropolitan
Police Detective Training School, Lon-
don.

O&M
On Sunday April 12, Mr. METFORD
M. SCOTT, Assistant Secretary, Ministry
of Finance, left St. Vincent for Trinidad
to attend a six-week course in Organisa-
tion and Management.
The course, which will be held in the
O & M Division '.'Trinidad House, Port-
of-SpAin, is the .third of its kin4 organ-
ised by the Governfient of 'Tinidad and
Tobago, with the assistance of the Eco-
nomic Commission for Latin America.
BMr. Scott's participation is made poss-
ible under the West Indies Training
.Scheme, administered from Barbados by
the British Development Division in the
Caribbean.
21st April, 1970.


(1)
TEACHER DEVELOPMENT GRANTS

Applications are invited from suitably
qualified teachers for nomination to
Teacher Development Grants provided
by the United States Government. The
fields of specialisation offered are Indus-
trial Arts and Vocational Education.
Applicants, who should be between 25
and 40, must be fully qualified Vincen-
tian teachers of at least 5 years' profes-
sional standing; experience in a super-
visory capacity would be an asset. Suc-
cessful candidates will be required to
sign a bond.
The grant provides for travel to and
from the U.S.A., for subsistence and
accommodation for 6-9 months; for
study and for observation of methods,
techniques etc.
Applications, on Form T1, should be
submitted to the Chief Personnel Officer,
Service Commissions Department, for
attention of the Training Officer, not
later than 9.00 a.m. on Monday 27th
April, 1970.
8th April, 1970.

No. 116.
(2)
HARVARD COLLEGE, U.S.A.

Applications are invited from suitably
qualified persons desirous of pursuing
studies at Harvard College, U.S.A., an
Undergraduate Liberal Arts College for
men, affiliated to Harvard University
and offering a four-year programme
leading to the Bachelor of Arts degree.
Mrs. James Gregory Van Buskirk of
the U.S.A. (now resident in Bequia) is
again making available to a Vincentian
an award from the OWEN BENJAMIN
HUNTSMAN SCHOLARSHIP FUND, estab-
lished in 1947 by Mrs. Elizabeth Van
Buskirk Huntsman, for the benefit of
deserving students in Harvard College."
Applicants must have superior results
in any G.C.E. examinations; should re-
veal some creative ability, a capacity for
leadership and concern for the public
good. The successful candidate, who
(ifl ,be required to sign a Bond, will be
e.xpect~ dto make some financial contri-
bu.tion toward his expenses.
Applications, on Form Tl, should be
submitted to the Chief Personnel Officer,
Service Commissions Department for
attention of the Training Qfficer, not
later than 9.00 a.m. on Monday 27th
April, 1970.
7th April, 1970.


No. 114.














200 SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


No. 117.


TRAINING IN STENOGRAPH TOUCH
SHORTHAND
DUFF'S COLLEGE, BARBADOS


Applications are invited from suitably
qualified persons for training in Steno-
graph (Machine Shorthand) at Duff's
College, Barbados.

Candidates must have a Credit in
English Language at G.C.E. '0' Level
and should be able to type at 30 w.p.m.
Two awards will be offered for the
course commencing July 15th, 1970.
Successful candidates will be required
to enter into a Bond with sureties to re-
turn to work with Government at the
end of their training.
Applications, on Form Tl, should be
submitted to the Chief Personnel Officer,
Service Commissions Department, for
attention of Training Officer, by Thurs-
day April 30th, 1970.
April 9th, 1970.


No. 118.


LEGISLATION


The undermentioned Acts which have
been assented to by his Excellency the
Governor are published with this issue of
the Gazette:-

No. 6 of 1970.-An Act to provide for
the salary, allowances and pension
benefits of the Governor and for
matters incidental thereto.

No. 7 of 1970. An Act to provide for
the establishment of a Corporation
to promote the Development of
St. Vincent, to define the powers of
the said Corporation and for pur-
poses connected with the matters
aforesaid.

By Command,

C. IVOR MARTIN,
Permanent Secretary,
Premier's Office.


DEPARTMENTAL AND
OTHER NOTICES.

ADOPTION BOARD

The Agency, Children Service Centre,
Montreal, is willing to place children in
adoption homes in St. Vincent. The
children are of mixed racial background
and photographs of some of the children
are available.
Interested persons can obtain further
details from the Secretary, Mrs. Zina
Garraway, c/o Registry, Kingstown.

S. A. BROWNE,
Chairman of the Adoption Board.

ST. VINCENT

IN THE COURT OF APPEAL

NOTICE

TAKE NOTICE that the Court of
Appeal will sit in the State of St. Vin-
cent commencing on Tuesday the 28th
April, 1970 at 9.00 o'clock in the fore-
noon.
The Court will comprise the Hon-
ourable Mr. Justice GORDON, the Hon-
Durable Mr. Justice P. CECIL LEWIS and
the Honourable Mr. Justice ST. BERN-
ARD.
Dated this 14th day of April, 1970.

A. E. CATO,
for Deputy Registrar,
Court of Appeal,
St. Vincent.
Registrar's Chambers,
Kingstown,
St. Vincent.


ST. VINCENT


IN THE HIGH COURT
CIVIL

SUIT No. 63/1969
BETWEEN
AUGUSTUS MITCHELL
AND
EDMUND REVERE


OF JUSTICE


-Plaintiff

-Defendant


PREMIER's OFFICE,
ST. VINCENT.
21st April, 1970.


It is hereby notified for general in-
formation that the undermentioned pro-
perty of the above named defendant .of













SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.) 201


New Montrose Levied upon by virtue of
a Writ of Seizure and Sale issued in the
above suit will be put up for sale by
public auction at the Court House
Kingstown on Saturday the 16th day of
M y, 1970 between the hours of 9.30
a.m. and 12.00 noon.
That is to say:
(1) Motor Vessel "Sea Mist"''
Measuring 65 Feet Overall.

A. T. WOODS,
Registrar Supreme Court.

NOTICE

It is notified for general information
that the undermentioned vehicles will
be offered for sale by Public Auction
at the Public Works Compound, Arnos
Vale on Wednesday 29th April, 1970 at
1.30 p.m.. ,
1. Bedford Dump Truck
Reg. No. T 992


2. Bedford Dump Truck
Reg. No.
3. Chassis only for


T1093
T1128


Bedford Van T 561
Morris Van T 50:
Morris Van T123(
Land Rover T 85'
Humber Hawk (State Car) -
Massey Fergussen-Front
and Loader and Swipe.


These vehicles may be seen at the Pub-
lic Works Compound, Arnos Vale on
,any working day.

MOULTON V. WILLIAMS,
Permanent Secretary/
Communications, Works & Labour
2nd April 1970.

NOTICE

It is notified- fdr public information
that the undermentioned plant and
machinery 'will be offered for sale by
Public Auction at the Public Works
Compound, Arnos Vale on Wednesday
J6th May, 1970 at 1.3Q p.m.: '
1 Holman Drill
1 Caterpillar Grader
1 Massey Fergusson Tractor
1 Bay City Crane
1 Enffine for-Crushing Plant
1: Orane-
1 Swipe
13 Oxygen Cylinders
1 Billiard TyIble.


These plant may be seen at the Public
Works Compound, Arnos Vale, on any
working day.

MOULTON V. WILLIAMS,
Permanent Secretary/C.W.L.
14th April, 1970.


NOTICES


COMMONWEALTH
SCHOLARSHIPS:
NEW ZEALAND


Applications are invited from suitably
qualified persons for the award of schol-
arships under the Commonwealth
Scholarship and Fellowship Plan, ten-
able from March 1971, at Universities in
New Zealand.
Awards are primarily available, in
any field, for post-graduate study or re-
scarch'but applications will also be con-
sidered from persons without a degree
who wish to take a course of study not
offered by the University of the West
Indies.
Applications for undergraduate study


may therefore be submitted in the fol-
lowing fields:
Architecture (professional), Music &
Fine Arts, Philosophy, Psychology,
*Dental Public Health (Dip.) Op-
tometry (Dip.)
Awards, covering travel, living and
study expenses, will normally be for two
academic years, but may be extended as
required. Only in exceptional circum-
stances will applications be considered
from candidates over 35 years of age.
No provision is included for the travel
expenses of any dependants, but a mar-
riage allowance is payable to a married
scholar whose wife is not in paid em-
ployment.
Two nominations may be made by St.
Vincent. Successful applicants are re-
quired to sign an undertaking to return
to St. Vincent at the end of the scholar-
ship: .
Applications, on Form Tl, should be
submitted to the Chief Personnel Officer,
Service Commissions Department, for
attention of the Training Officer, by
Saturday May 30th, 1970.

MIARY E. MORGAN,
for Chief Personnel Officer.
10th April,, 1970. ,


2
1
0















202 SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


COMMONWEALTH
SCHOLARSHIPS:
MALAYSIA


Applications are invited from suitably
qualified persons for the award of schol-
arships under the Commonwealth
Scholarship and Fellowship Plan, ten-
,ble from May 1971 at the University of
Malaya, Kuala Lumpur.
These awards are fcr rescarc7' or port-
graduate studies only, in the following
fields:
Arts, Science, Medicine, Agriencture,
Engineering, Education, Economies,
Administration.
Awards, covering travel, living and
study expenses, will normally be for two
academic years, to graduates under 35
years. A male married scholar may be
accompanied by his wife, but no provi-
sion is included for expenses of any
other dependents.
Two nominations may be made by St.
Vincent. Successful applicants are re-
quired to sign an undertaking to return
to St. Vinceat at the end of the scholar-
ship.
Applications, on Form Tl, should be
submitted to the Chief Personnel Officer,
Service Commissions Department for
attention of the Training Officer, by
Saturday May 30th, 1970.

MARY E. MORGAN,
for Chief Personnel Officer.
10th April, 1970.


NOTICE


CLOSED SEASON FOR LOBSTERS
AND TURTLES

The Public is hereby reminded that in
accordance with the Birds and Fish
Protection Ordinance Cap. 44 as amend-
ed, it is prohibited to kill or take:-
TURTLES
(a) Turtles or turtle eggs on land

(b) Turtles under 20 lbs. in weight
LOBSTERS
(a) Lobsters carrying eggs
(b) Lobsters of less than 1 lb. in
weight
(c) Lobsters of less than nine
inches in length.

Closed Seasons:
There is a closed season for Turtles
between 1st May and 31st July, and a
closed season for lobsters between 1st
May and 30th September.

Any person failing to comply with
the regulations mentioned above, will be
fined $24.00 or in default imprisonment
with or without hard labour for a term
not exceeding 3 months.
Ministry of Agriculture,
Trade & Tourism.
April 8, 1970.
(ATT 366)


WAGES REGULATION PROPOSALS


PROPOSALS ONLY TO BE POSTED UNTIL 5TII MAY, 1970

Further notice will be given if a Wages Regulation Order is made giving
effect to the proposal set out hereunder.

WAGES COUNCIL ORDER NO. 2 OF 1970

DOMESTIC 'SEVANTS WAGES COUNCIL


The Domestic Servants Wages Council bereby gives notice of its intention
to submit to Cabinet proposals for fixing Statutory minimum remuneration,
holidays with pay, hours of work and weekly rest period specified in the Schedule
below.
The Wages Council will consider any written representation with respect
to these proposals sent to it within 14 days from 21st April, 1970. Any such















SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.) 203


representation should be SIGNED by the person making the same (giving his
or her address) and sent to the Secretary of the Wages Council.
It is desirable that persons making objections should state precise grounds
for their objections.
Dated this 2nd day of April 1970. Issued by order of Domestic Servants
Wages Council.
R. IRVIN SAMUEL,
for Secretary, Wages Council.
Department of tabour
Upper Bay Street
KINGSTOWN.
SCHEDULE
1. WAGE RATES.
(a) The minimum rate of wages to be paid to domestic workers shall be
as follows:-
With meals Without meals
$35.00 $55.00
Provided that persons working for the first time as domestics or persons
without adequate references shall be paid on probation for a period of 6 months
and shall be paid the minimum rates as follows:-
With meals Without meals
$30. $45.00
(b) Any domestic servant employed on a. day to day basis shall be paid
at the minimum rate of $1.80 for an eight-hour day, or part th2rcof, without
meals,
2. HOURS OF WORK.
(a) The week shall be considered as beginning on Monday morning and
ending on Sunday evening.
(b) Hours of work shall not exceed ten in the day: Provided that for
persons supplied with living quarters, the hours of work shall not exceed eleven
in any day.
(c) during the hours of work, breaks of two hours shall be allowed, which
shall include one hour for meals.
(d) Whenever it is necessary to keep a domestic worker at work on special
occasions for any period in excess of the stipulated number of hours, the
employer shall be required to give this extra time off to her on another day of
the week.
3. WEEKLY REST PERIOD.
Every domestic worker shall be granted one free afternoon in each week,
and in addition, one free Sunday in each month or a half day on two Sundays
of each month.

4. HOLIDAYS WITH PAY.
(a) Every domestic worker shall be entitled to one week holiday with
full pay after 12 months continuous service with one employer and two weeks
holiday with full pay for every subsequent period of 12 months. This holiday
shall be given within one month of its becoming due, but at the request of the
domestic worker it may be deferred to a later date.
(b) Every domestic worker shall, in addition to the above, be entitled
to one week sick leave with full pay on the production of a medical certificate
should she become ill after the completion of 6 months continuous service with
one employer.














204 SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


EAST CARIBBEAN CURRENCY AUTHORITY



BRITISH CARIBBEAN CURRENCY BOARD COIN IN CIRCULATION
AS AT 28TH FEBRUARY, 1970 ...


(Pursuant to the British Caribbean Currency Agreement 1964, Article 10 (3))


ANTIGUA
BARBADOS
DOMINICA
GRENADA
MANTSERRAT
ST.KITTS/NEVIS/ANGUILLA
ST. LUCIA; .-
:ST. .VINCENT

.GUYANA
'TRINIDAD & TOBAGO


$ -0.
- 436,200i00
1,561,589.50
- 177,975.00
-- 330,175.00
-. '51,250.00
.... 201,150,00
232;900.00
175,8350.00

- 448,667.00
.. 0,946.00


"Proof Sets"


3,166,589.50


1,353,613.00

4,520,202.50
1,870.p0

$4,522;072.50


N. L. SMITH,
Acting Executive Commissioner,
Coin Continuation Board













SAINT VINCENT, TUESDAY, 21 APRIL, 1970.-(No. 26.)


EAST CARIBBEAN CURRENCY AUTHORITY



ASSETS AND LIABILITIES AS AT 28TH FEBRUARY, 1970


Liabilities


Assets


DEMAND LIABILITIES :


EXTERNAL ASSETS:


EC$


EC $


NOTES IN CIRCULATION ._48,413,810


COIN IN CIRCULATION


BANKERS' DEPOSITS


...... 4,522,072


- 366,000


EC $
CURRENT ACCOUNTS
AND MONEY AT
CALL IN LONDON ...... 6,884,746

UNITED KINGDOM
TREASURY BILLs -21,240,000

OTHER UNITED
KINGDOM GOVERN-
MENT SECURITIES .26,870,342


INTERNATIONAL
ORGANIZATIONS


- 602,176 53,904,058


FOREIGN NOTES AND
COIN IN PROCESS OF
REDEMPTION
COMMERCIAL BANKS'
BALANCES*


.... 155,006

... 1,264.828 56,414,922


GENERAL RESERVE


OTHER LIABILITIES


BRITISH CARIBBEAN
4,762,455 CURRENCY BOARD
NOTES
GOVERNMENT LOCAL
3,532,069 DEBENTURES


LOCAL TREASURY
BILLS

OTHER ASSETS


EC $ 62,198,582


EC $ 62,198,582


[Proportion of external
assets to demand liabili-
ties 104.7%]

*Convertible into sterling
on demand


N. L. SMITH,
Acting Managing Director.


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EC$


3,332

2,995,050


1,472,032

1,313,246



















SAINT VINCENT.

Act No. 6 of 1970.

I Assent,


H. GEORGE,


[ L.S. ]


Governor.


8th April, 1970.


AN ACT to provide for the salary, allowances and pension
benefits of the Governor and for matters incidental thereto.
[ 21st April,1970. ]
Be it enacted by the Queen's Most Excellent Majesty, by
and with the advice and consent of the House of Assembly of
Saint Vincent, and by the authority of the same as follows:-

1. This Act may be cited as the Governor's Emoluments and Short title.
Pension Act, 1970.


2. In this Act--
"Acting Governor" means any person. who performs the
functions, of the office of GovernQr-~.nder section 21
of the Constitution of Saint VX, mLrent:. ,
"service in the Permanent Cil,,.ei a e'. eas:rvice in
respect of which a pensi ia. be grand dt'- U U er the
Pensions Ordinance, 19, -

3. (1) The emoluments app rtafning -o the office bE ov-
ernor shall be the emoluments ecined in the Schedu e.taothis
Act. -, /-
(2) The said emoluments ll e paid in equal-: inthly
instalments in arrear. v /

4. (1) The Governor shall-
(a) in respect of any period during which he is absent
from Saint Vincent for the purpose of performing


Interpretation.


No. 16 of 1948.


Emoluments of
Governor.
Schedule.



Emoluments
during absence,
leave and
incapacil y.











No. 6. Governor's Emoluments and Pension. 1970.


any of the functions of his office receive the full
emoluments appertaining to his office;
(b) in respect of any period during which he is absent
on leave or unable to perform the functions of his
office, receive the salary appertaining to his office
but shall not receive the allowances specified in the
Schedule. said Schedule.
(2) The Governor shall not, for the purposes of this sec-
tion, be regarded as unable to perform the functions of his office-
(a) by reason only that he is in passage from one part
of Saint Vincent to another; or
(b) where he has appointed a Deputy to perform any
of the functions of the Office of Governor and such
appointment is subsisting.

Emoluments 5. (1) Subject to the provisions of sub-section (2) of this
of Acting section, an Acting Governor shall, in respect of the period during
Governor. which he discharges the functions of the office of Governor,
receive emoluments at the rate specified in respect of the office
of Governor.
(2) Where an Acting Governor, in reference to any period
during which he discharges the functions of the office of Gov-
ernor, receives salary defrayed from the Consolidated Fund in
respect of any other office, his emoluments under sub-section (1)
of this section in respect of such period shall be abated to the
extent of the salary so received.

Gratuity 6. There shall be granted to any person who has held the
payable to office of Governor with effect from the date on which he ceases
the Governor. to be Governor, a gratuity equivalent to twenty-five per centum
of the aggregate of the salaries paid to him during his term
of office.

Pension 7. Subject to the provisions of section 8 there shall be granted
granted to to any person who has held the office of Governor, with effect
the Governor. from the date on.which he ceases to be Governor-
(a) if he has held that office for five consecutive years
or more, a pension equivalent to two-fifths of his
salary;
(b) if he has held that office for less than five consecutive
years, a pension based on the proportion of the amount
he would have received as pension if he held that
office for five consecutive years that the period in
which he held that office bears to that period of five
years.












Governor's Emoluments and Pension.


8. Where any person who has held the office of Governor
has, immediately preceding the appointment to that office, been
in the Permanent Civil Service and is not in receipt of a pension
in respect of that service, he may opt-

(a) to receive a pension under section 7, if he is so en-
titled; or

(b) to treat his service in the office of Governor as service
in the Permanent Civil Service and receive a pension,
or a reduced pension and gratuity or any applicable
gratuity under the Pensions Ordinance, 1948, if the
length of his joint service in the Office of Governor
and his service in the Permanent Civil Service qualifies
him for a pension or gratuity under that Ordinance,
and he shall be granted a pension or reduced pension
and gratuity or other gratuity under the Pensions
Ordinance 1948, as he so opts.

9. Where a person dies while he is Governor there shall be
granted to his legal personal representative a gratuity equal to
his annual salary. -Y

10. Any person who is in receipt of a pension in respect of
service in the Permanent Civil Cervice shall be entitled to and
receive such pension during such time that-
(a) he holds the office of Governor; or
(b) having held the office of Governor, he is entitled to
or receives a pension under this Act.

11. There shall be granted to the widow of a Governor who
dies while holding office or after retirement therefrom an annual
pension equivalent to one-fifth of the annual salary which the
Governor was receiving immediately before his death or retire-
ment, as the case may be.

12. Section 5 of the Income Tax Ordinance 1967, is hereby
amended by substituting the following for paragraph (a) there-
of:-
"(a) the official emoluments received by the Governor;"

13. The emoluments of the Governor, and all pensions and
gratuities payable under this Act shall be and are hereby
charged on the Consolidated Fund and paid thereout.


Reckoning
of Governor's
service for
pension in
certain cases.


Gratuity where
Governor dies
while holding
office.
Other pensions.


Pension payable
to surviving
widow of
a Governor.


Section 5 of
Income Tax
Ordinance
amended.'
No. 27 of 1967.

Emoluments,
pension, etc.,
charged on
Consolidated
Fund.


No. 6.


1970.












Governor's Emoluments and Pension.


Commencement.


14. This Act shall be deemed to have come into operation
from the 27th day of October, 1969.


SCHEDULE.


(Section 3 (1)).


1. Salary at the rate of $13,200 per annum.
2. Duty allowance at the rate of $3,000 per annum.
3. Allowance at the rate of $1,200 per annum in lieu of exemption from Customs
duties.



Passed in the House of Assembly this 12i1 day of March, 1970.

0. S. BARROW,
Clerk of the House of Assembly.



PRINTED BY THE GOVERNMENT PRINTER AT THE GOVERNMENT PRINTING OFFICE,
KINGSTOWN, ST. VINCENT.
[ Price 16 cents. ]


No. 6.

















SAINT VINCENT.


Act No. 7 of 1970.

I Assent,


H. GEORGE,


[ L. S. ]


Governor.


13th April, 1970.

AN ACT to provide for the establishment of a Corporation to
promote the Development of Saint Vincent, to define the
powers of the said Corporation, and for purposes connected
with the matters aforesaid.
[ On Proclamation. I
Be it enacted by the Queen's Most Excellent Majesty, by and
with the advice and consent of the House of Assembly of Saint
Vincent, and by the authority of the same as follows:-
1. (1) This Act may be cited as the Development Corpora- Short title and
tion Act, 1970. commencement.
(2) This Act shall come into operation on a day to be
appointed by the Governor by Proclamation published in the ,
Gazette.
2. In this Act- Interpretation.
"chairman" means chairman of the Corporation; .
"deputy chairman" means deputy chairman of t "e Cor-
poration;
"member" includes chairman and deputy chairrgan; -
"Minister" means the Minister for the "me: being' ,
charged with the administration of matte s pertain-
ing to economic Planning and Developme t j













"the Corporation"means the Development Corporation
established in accordance with this Act.


Establishment
and constitution
of Corporation. -


3. (1) There shall be established for the purposes of this
Act a body to be called the Development Corporation.
(2) The Corporation shall consist of not less than five and
not more than ten members, as the Governor may from time to
time determine.
(3) The members of the Corporation shall be appointed by
the Governor from amongst persons appearing to him to be
qualified by reason of having had experience of, and shown
capacity in, matters relating to industry, trade, finance, science
or administration.
(4) The Governor shall appoint a chairman and a deputy
chairman of the Corporation from amongst the members of the
Corporation.
(5) A member of the Corporation shall,- subject to the
provisions of subsections (7) and (8) of this section, hold office
for such period, not exceeding three years as the Governor may
direct, but any member of the Corporation shall be eligible for
re-appointment.


(6). The Governor may appoint any person appearing to
him to have the qualifications necessary for appointment under
the provisions of subsection (3) of this section as a member of
the Corporation to act temporarily in the place of any member of
the Corporation in the case of the absence or inability to act
of such member.
(7) Any member of the Corporation may at any time resign
his office by instrument in writing addressed to the chairman,
who shall forthwith cause it to be forwarded to the Minister.
(8) The Governor may at any time revoke the appointment
of any member of the Corporation if he thinks it expedient so
to do.
(9. The appointment of any member of the Corporation and
the termination of office of any person as a member, whether by
death, resignation, revocation, effluxion of time or otherwise, shall
be notified in the Gazette.

Function of 4. (1) It shall be the function of the Corporation to stimu-
Corporation. late, facilitate and undertake the development of Saint Vincent.
The acquisition of any property or the carrying on of any business
which the Governor may direct the Corporation to acquire or
carry on as the case may be shall be deemed to be part of the
function of the Corporation.
(2) The Corporation shall have power-
(a) to acquire such property or carry on such business


No. 7.


Development Corporation.


1970.










Development Corporation.


as the Governor may direct it to acquire or carry
on;
(b) to carry on all activities the carrying on of which
appears to it to be requisite, advantageous or con-
venient for or in connection with the discharge
of its said function;
(c) to promote the carrying on of any such activities
by other bodies or persons, and for that purpose
to establish or expand or promote the establish-
ment or expansion of, other bodies to carry on any
such activities either under the control or partial
control of the Corporation or independently, and to
give assistance to such bodies or to other bodies
or persons appearing to the Corporation to have
facilities for the carrying on of any such activities,
including financial assistance by the taking up of
share or loan capital, or by loan or otherwise;
(d) to carry on any such activities in association with
other bodies or persons (including Government
authorities) or as managing agents or otherwise on
their behalf;
(e) to do anything and to enter into any transaction
(whether or not involving expenditure, borrowing,
granting of loans or investment of money in ac-
cordance with the provisions of this Act in that
behalf, the acquisition of any property or rights,
or the disposal of any property or rights) which
in its opinion is calculated to facilitate the proper
discharge of its function or is incidental or con-
ducive thereto;
(f) to do all other business approved by the Governor.


5. (1) The Corporation shall be a body corporate having
perpetual succession and a common seal, with power to hold land
and other property of whatever kind.
(2) The seal of the Corporation shall be kept in the custody
of the chairman or the deputy chairman or of the secretary of
the Corporation and may be affixed to instruments pursuant to
a resolution of the Corporation and in the presence of the chair-
man or deputy chairman, and of one other member?, and the
secretary.
(3) The seal of the Corporation shall be authenticated by
the signature of the chairman, or deputy chairman, and the
Secretary of the Corporation, and such seal shall be officially and
judicially noticed.
(4) All documents, other than those required by law to be
inder seal, made by, and all decisions of, the Corporation may
be signified under the hand of the chairman, or deputy chair-
man, or the secretary of the Corporation.


Incorporation.


No. 7.


1970.










No. 7. Development Corporation. 1970.


(5) The Corporation may sue and be sued in its corporate
name and may for all purposes be described by such name, and
service upon the Corporation of any notice, order, or other docu-
ment shall be exeQuted by delivering the same or by sending it
by registered post addressed to the secretary of the Corporation
at the office of the Corporation.

Procedure at 6. (1) The Corporation shall meet at such time as maybe
meetings of necessary or expedient for the transaction of business and such
Corporation. meetings shall be held at such place and time and on such days
as the Corporation may determine.
(2) The Chairman or in his absence the Deputy Chairman
may at any time call a special meeting of the Corporation and
shall call a special meeting within seven days of a requisition for
that purpose addressed to him by any three members of the
Corporation.
(3) 'Lhe chairman, or in his absence the deputy chairman,
shall preside at all meetings of the Corporation.
(4) The chairman, or in his absence the deputy chairman,
and two other members of the Corporation shall form a quorum.
(5) The decisions of the Corporation shall be by a majority
of yotes, and, in addition to an original vote, in any case in which
the voting is equal the chairman or deputy chairman presiding
at the meeting shall have a casting vote.
(6) Minutes in proper form of each meeting shall be kept
by the secretary and shall be confirmed by the chairman or the
deputy chairman (as the case may be) as soon as practicable
thereafter at a subsequent meeting.
(7) The Corporation may co-opt any one or more persons
to attend any particular meeting of the Corporation for the pur-
pose of assisting or advising the Corporation, but no such co-
opted person shall have any right to vote.
(8) Subject to the provisions of this section, the Corpora-
tion shall have power to regulate its own proceedings.

Power to appoint 7. (1) The Corporation may appoint a committee of the
committees. Corporation to examine and report to it on any matter what-
soever arising out of or connected with any of its powers and
duties under this Act.
(2) Any such committee shall consist of at least two mem-
bers of the Corporation together with such other persons,
whether members of the Corporation or not, whose assistance
or advice the Corporation may desire.
(3) Where persons, not being members of the Corporation
are members of a committee appointed under this section, or
where any person is co-opted under the provisions of sub-section
(7) of section 6 of this Act, the Corporation may with the ap-













proval of the Governor by resolution declare the remuneration
and allowances of such persons, and such sums shall properly N
be payable out of the funds and resources of the Corporation.
(4) The Corporation may by resolution reject the report
of any such committee or adopt it either wholly or with such
modifications, additions or adaptations as the Corporation may
think fit.

8. Subject to the provisions of this Act, the Corporation may Power to
delegate to any member or committee of the Corporation the delegate.
power and authority to carry out on its behalf such duties as the
Corporation may determine.


9. (1) The Corporation may appoint and employ at such
remuneration and on such terms and conditions as it may think
fit a secretary and such officers and servants as it deems necessary
for the proper carrying out of the provisions of this Act.
(2) It shall be lawful for the Corporation, with the appro-
val of, and subject to such terms and conditions as may be im-
posed by, the Governor, to provide for the establishment and
maintenance of a Pension Scheme or a Provident Fund Scheme
for the benefit of the officers and servants of the Corporation,
and in any such scheme different provisions may be made for
different classes of officers or servants.
(3) The Governor, acting on the advice of the appropriate
Service Commission, or the appropriate Service Commission may
approve the transfer of an officer from the service of the Cor-
poration to the service of the Government or from the service
of the Government to the service of the Corporation:
Provided that, in every such case-
(a) any pension, gratuity or other allowance which is
ultimately granted shall be paid from the Consoli-
dated Fund;
(b) the Corporation shall pay from its funds to the
Government such contribution as may be provided
for in rules made by the Governor, and any such
rules may make different provisions in 'different
classes of cases.

10. The Corporation, with the approval of the Governor may,
subject to the provisions of this Act, make regulations-
(a) governing the proceedings of the Corporation and the
manner and transaction of their business;
(b) prescribing the mannet in Which documents, cheques
rand insttutneint of any description, shall be signed or
executed oh behalf of the Cof'poration;
(c) prescribing the circumstances in which members of


Appointment
of officers and
servants.


Power to make
regulations.


Development Corporation.


1970.


No. 7. V













the Corporation may receive travelling and subsistence
allowances and fixing the rates of such allowances;
(d) imposing fees in such cases as may be determined by
the Corporation;
(e) generally for the exercise of its powers and duties
under the provisions of .this Act.

Protection of 11. No act done or proceeding taken under this Act shall be
Corporation. questioned on the ground-
(a) of the existence of any vacancy in the membership of,
or of any defect in the constitution of, the Corporation;


(b) of the contravention by a member of the Corporation
of the provisions of section 14 of this Act; -
(c) of any omission, defect or irregularity not affecting
the merits of the case.


Protection of 12. No personal liability shall attach to any member of the
members of Corporation in respect of any thing done or suffered in good
Corporation. faith under the provisions of this Act, and any sums of money,
damages or costs which may be recovered against any such mem-
ber in respect of any Act or thing done bona fide for the-purpose
of carrying this Act into effect shall be paid out of the funds
and resources of the Corporation.

Remuneration 13. The Corporation shall, pay to each member of the Cor-
of members. portion, in respect of his office, such, if any, remuneration as
the Governor may determine and to the chairman and to the
deputy chairman, in respect of his office, such, if any, remunera-
tion (in addition to any remuneration to which he may be
entitled in respect of his office as a member) as may be so deter-
mined.

Disclosure by 14. (1) It shall be the duty of a member of the Corporation
member of who is in any way, whether directly or indirectly interested in
Corporation of an application to the Corporation for a loan or in a contract
interest in or proposed contract with the Corporation, to declare the nature
Corponsration, d of his interest at the first meeting of the Corporation at which
Olisqualification it is practicable for him to do so.
from voting etc. (2) A member of the Corporation shall not vote in respect
of any application to the Corporation for a loan or in respect
of any contract or proposed contract with the Corporation in
which he is in any way interested, whether directly or indirectly.

Powers of 15. In exercise of its powers and the discharge of its func-
Governor, lions the Corporation shall dcnforim with any general or special
directions given to it by the Governor.


No. 7.


Development Corporation.


i 1970.










No. 7. Development Corporation. 1970.


16. (1) The funds and resources of the Corporation shall Funds and
consist of- resources of the
consist of- Corporation.
(a) such sums as may be provided annually for the purpose
in the Estimates of Revenue and Expenditure of Saint
Vincent;
(b) all sums from time to time received by or falling due
to the Corporation in respect of the repayment of any
loan made by the Corporation and the interest payable
in respect of any such loan;
(c) monies earned or arising from any property, invest-
ments, mortgages and debentures acquired by or vested
in the Corporation;
(d) any property, mortgages, debentures, or investments
acquired by or vested in the Corporation;
(e) sums borrowed by the Corporation for the purpose of
meeting any of their obligations or discharging their
functions;
(f) such sums as the Governor may with the approval
by resolution of the House of Assembly advance for
the purpose as provided by sub-section (3) of section
17 of this Act;
(g) all other sums or property which may in any manner
become payable to or vested in the Corporation in
respect of any matter incidental to its powers and
duties.
17. (1) Subject to the provisions of sub-section (2) of this Borrowing
section, the Corporation may borrow sums required by it for powers.
meeting any of its obligations or discharging its function.
(2) The power of the Corporation to borrow shall be exer-
cisable only with the approval of the Governor as to the amount,
as to the source of the borrowing and as to the terms on which
the borrowing may-be effected. An approval given in any respect
for the purposes of this sub-section may be either general or
limited to a particular borrowing or otherwise, and may be either
unconditional or subject to conditions.
(3) The Governor may with the approval by resolution of
the House of Assembly, advance for the use by the Corporation
out of the Consolidated Fund such sums as may be required for
carrying out their function under this Act. The Corporation shall
make to the Accountant General, at such times and in such man-
ner as the Governor may direct, payments of such amounts as
may be so directed in or towards repayments of such amounts as
under this subsection, and payments of interest on what is out-
standing for the time being in respect of any sums so advanced
at such rates as the Governor may direct and different rates of








46

Development Corporation.


1970.


interest may be directed as regards different sums and as regards
interest for different periods.


Guarantee by
Governor of
borrowings by
Corporation
and repayment
of sums issued
to meet
guarantees.












Investments.





Power of
Corporation to
make loans.


Other powers of
expenditure.








Interest on loans
made by the
Corporation.


18. (1) With the approval of the House of Assembly, the
Governor may guarantee, in such manner and oA such conditions
as he may think fit, the payment of the principal and interest in
respect of any authorised borrowing of the Corporation.
(2) Where the Governor is satisfied that there has been
default in the repayment of any principal monies or interest
guaranteed under the provisions- of this section, he shall direct
the repayment out of the Consolidated Fund of the amount in
respect of which there has been such default.
(3) The Corporation shall make to the Accountant General,
at such times and in such manner as the Governor may direct,
payments of such amounts as may be so directed in or towards
repayment of any sums issued in fulfilment of any guarantee
given under this section, and payments of interest on what is
outstanding for the time being in respect of any sums so issued
at such rate as the Governor may direct, and different rates of
interest may be directed as regards different' sums and as re-
gards interest for different periods.

19. Monies standing to the credit of the Corporation may
from time to time be invested in securities approved either gen-
erally or specifically by the Governor, and the Corporation may,
from time to time, with the like approval sell or deal with any
or all of such securities.

20. Subject to such conditions as they may deem fit to im-
pose in particular cases, the Corporation may, out of its funds
and resources, make loans in accordance with the provisions
i of this Act in that behalf, in the discharge of its function under
section 4 of this Act.


21. In addition to the powers conferred under section 20
of this Act the Corporation may from its funds and resources-
(a) pay any fees, expenses, costs, or other expenditure
properly incurred or accepted by them in the exercise
of its powers and duties under this Act;
(b) purchase plant, equipment, stores and any other ma-
terials and acquire land and erect buildings and carry
out any other works and undertakings in the discharge
of its function under section 4 of this Act.

22. In making loans under the provisions of this Act the
Corporation may charge such rate of interest as it may deem
fit in any particular case.


No. 7.











Development Corporation.


23. Subject to the provisions of sections 24, 25 and 30 of this Repayment of
Act every loan shall be repaid to the Corporation in accordance loans made by
with the terms and conditions under which such loan was Inarde the Corporation.
and the monies so paid shall thereupon -become funds of the
Corporation.

24. The Corporation may- -Suspension of
(a) postpone, for any time not exceeding five years, the payment of
payment of any sum due for principal p.nd interest interest, and
or for either principal or interest tp it in respect of a -power to extend
loan made by them upon such terms and .conditions time compound
as they may deem necessary; or release.
(b) from time to time extend the period for the repayment
of any loan, or compound or release any loan or any
part thereof subject to such terms and conditions as it
may see fit.

25. The Corporation may at any time accept payment of Payment of
the whole or any part of the amount representing the principal loan before
of a loan and interest thereupon, before the time when such due date.
payment is due, upon such terms and conditions as it may think
lit.

26. (1) Where the Corporation has made a loan of money Examination as
under the provisions of this Act it shall- toapplication of
(a) from time to time, make or cause to be made -such monies lent.
examination as may be necessary to ensure that the
loan is being applied to the purposes for which it was
made;
(b) require financial statements in such detail as it may
determine to be submitted by the person in receipt of
the loan bi-,annually or at shorter intervals at the
discretion of the Corporation, and such person shall
comply with such request.
(2) The Corporation may authorise in writing any of its
officers or any other person to make such examination, and any
officer or person so authorised shall be entitled to demand the
production of all such books, documents and other matters and
things as he may consider necessary -for the purpose of making
such examination.
(3) Any person who fails to submit any financial statement
as required in accordance with the provisions of paragraph (b)
of sub-section (1), or to produce any book, document or other
matter or thing as demanded in accordance with the provisions
of sub-section (2), of this section, shall be guilty of an offence
against this Act.


No. 7.


1970.











No. 7. Development Corporation. 1970.


Order of 27. Where upon any examination made under the provisions
Corporation of section. 26 of this Act it appears to the Corporation that any
upon such sum being the whole or any part of the loan has not been applied
examination, for the purposes for which the loan was made it may order that
any such sum be, within the time mentioned in the order,
applied to such purposes or that such sum together with any
interest due thereon on the date of the order be repaid to the
Corporation within the time mentioned in the order, and any
sum with the interest thereon so ordered to be repaid to the Cor-
poration shall become payable to the Corporation at the exp ra-
tion of the time mentioned.

Misapplication 28. (1) If any loan made under the provisions of this Act
of loan secured or any part of such loan has been misapplied the Corporation
by mortgage may-
or otherwise. (a) where such loan has been secured by mortgage, by
notice in writing addressed to the mortgagor, recall
the said loan or any part thereof and may require the
loan or that part together with any interest due on
such loan or part thereof on the date of the notice to
be repaid on a date to be specified in the notice and
in default of payrhent on such specified date any secu-
rity given for the purpose of the loan may thereupon
be realized;
(b) where such loan has been secured otherwise -than by
way of mortgage, by notice addressed to the borrower,
request the loan or any part thereof together with any
interest due on such loan or part thereof on the date
of the notice to be repaid on a date to be specified in
the notice and in default of payment on such specified
date any security given for the purpose of the loan
may thereupon be realized.
(2) The provisions of sub-section (1) of this section shall
be in addition to any other proceedings under any Ordinance. -

Enforcement 29. Where any property mortgaged as security for a loan
.of securities, under the provisions of this Act is sold for the purpose of the
enforcement: of the security the Corporation may buy such
property and may manage and hold such property or sell or
otherwise dispose of it as they may deem fit.

Accounts 30. (1) The Corporation shall keep accounts of its trans-
and audits, actions to,the satisfaction of the Governor and such accounts
shall be audited annually by an auditor appointed by the Gov-
ernor. An auditor so appointed shall be a Chartered or Incor-
porated or Certified Accountant.
(2) The members, officers and servants of the Corporation
shall grant to the auditor appointed to audit the accounts of the











No. 7. Development Corporation. 1970.


Corporation under the provisions of sub-section (1) of this
section access to all books, documents, cash and securities, or,
in the case of securities or documents registered under the
Registration of Documents Ordinance, copies thereof, of the
Corporation and shall give to him on request all such information
as may be within their knowledge in relation to the operation of
the Corporation.
(3) As soon as the accounts have been finally audited the
Secretary of the Corporation shall send to the Minister a copy
thereof together with a copy of any report thereon by the auditor.
(4) The Corporation may write off bad debts.

31. (1) The Corporation shall not later than six months Report.
from the end of each calendar year submit to the Minister a
report containing- .
(a) an account of its transactions throughout the preced-
ing calendar year in such detail as the Governor may
direct; and
(b) a statement of the accounts of the Corporation
audited in accordance with the provisions of section 30
ofthis Act.
(2) A copy of the report together with a copy of the audi-
tor's report, shall be printed and laid on the table of the House
of Assembly.

32. Any person who- Offences in
respect of
(a) obtains a loan from the Corporation by means of any loans.
false representation;
(b) wilfully applies any loan made to him by the Corpora-
tion to any purpose bother than the purpose for which
the loan was made;
(c) having obtained a loan from the Corporation wilfully
destroys any security given in relation to any such loan,
shall be guilty of an offence against this Act, and shall be liable
on summary conviction to a fine of two thousand five hundred
dollars, or to imprisonment for twelve months, or to both such
fine and imprisonment.

33. Proceedings for offences arising out of the provisions Fiat of
of this Act or in connection with any loan made hereunder shall Director
not be instituted except by or with the consent in writing of the -of Publie
-Director of Public Prosecutions. Prosecutions.

34. Any minutes made of meetings of the Corporation shall, Minutes
if purporting to be duly signed by the chairman or deputy chair- receiveable
man, be receivable in evidence in all legal proceedings without in evidence
\











No. 7. Development Corporation. 1970.


further proof and every meeting of the Corporation in respect
of the proceedings of which minutes have been so made shall be
deemed to have been duly convened and held and all- members
threat to have been duly qualified to act.

Punislinent 35. Any person guilty of an offence against this Act for
of offences. which no special penalty is provided by this Act shall be liable
on summary conviction to a fine of five hundred dollars or in
default of payment thereof to imprisonment for six months.



Passed in the House of Assembly this 12th day of March, 1970.


0., S. BARROW,
Clerk of the House of Assembly.




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


1970.


[ Price 48 cents. ]




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