SLNT Addresses VAT Exemption Concerns
Caribbean and World Newsby Toter 3 weeks ago 30 Views 0 comments
The Saint Lucia National Trust (The Trust) wishes to address concerns recently raised in Parliament during discussions about VAT exemption for our organization.
The Trust, established on September 26, 1975, by Act of Parliament, is a statutory body dedicated to preserving Saint Lucia’s heritage – from our natural landscapes and marine environments to our historic buildings and cultural sites.
Our founding legislation includes important oversight measures: the Prime Minister, as the Minister responsible for the Trust, appoints two representatives to our Council every two years.
These representatives participate fully in decision-making and maintain direct communication with the Minister. During the previous administration, Mrs. Nancy Charles and Mr. Henry Amedee served in these roles.
Our commitment to transparency is reinforced by our statutory obligations. The Trust maintains detailed financial records, which are audited annually by qualified professionals. These audited statements are presented to both our Council and membership at the Annual General Meeting, and subsequently submitted to the Prime Minister and the Parastatal Monitoring Department.
To fulfill our conservation mandate and obligations under both the Trust Act and the Pigeon Island National Landmark lease, we generate revenue through various channels: grants, donations, membership and entrance fees, facility rentals, and government subvention....
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