{\rtf1\ansi\ansicpg1252\uc1\deff0\stshfdbch0\stshfloch0\stshfhich0\stshfbi0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f36\froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f37\froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f39\froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\f40\froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\f41\froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f42\froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f43\froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f44\froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}}{\colortbl;\red0\green0\blue0;\red0\green0\blue255;\red0\green255\blue255;
\red0\green255\blue0;\red255\green0\blue255;\red255\green0\blue0;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0;
\red128\green128\blue128;\red192\green192\blue192;}{\stylesheet{\ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{\*\cs10 \additive \ssemihidden 
Default Paragraph Font;}{\*\ts11\tsrowd\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblind0\tblindtype3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \snext11 \ssemihidden Normal Table;}}{\*\rsidtbl \rsid996285\rsid1186757\rsid2310991\rsid4479522\rsid4800628
\rsid5132883\rsid5393365\rsid7618449\rsid8599526\rsid8668757\rsid10293235\rsid10899265\rsid11823074\rsid12999700\rsid13069240\rsid15927781}{\*\generator Microsoft Word 10.0.6835;}{\info{\operator pitamama_k}{\creatim\yr2007\mo10\dy17\hr15\min59}
{\revtim\yr2008\mo7\dy3\hr11\min33}{\version14}{\edmins91}{\nofpages2}{\nofwords189}{\nofchars1081}{\nofcharsws1268}{\vern16393}{\*\password 00000000}}{\*\xmlnstbl {\xmlns1 urn:schemas-microsoft-com:office:smarttags}}
\paperw12240\paperh15840\margl1440\margr1440\margt1440\margb1440\gutter0 \widowctrl\ftnbj\aenddoc\grfdocevents0\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\subfontbysize\formshade\horzdoc\dghspace120\dgvspace120\dghorigin1701\dgvorigin1984
\dghshow0\dgvshow3\jcompress\viewkind4\viewscale150\pgbrdrhead\pgbrdrfoot\nolnhtadjtbl\rsidroot8599526 \fet0{\*\wgrffmtfilter 013f}\sectd \linex0\sectdefaultcl\sftnbj {\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2
\pnucltr\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6
\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang 
{\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10293235 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10293235\charrsid10293235 
{\*\xmlopen\xmlns1{\factoidname PlaceName}}COOK{\*\xmlclose} ISLANDS}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13069240 
\par No. 4 of 2004}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13069240\charrsid10293235 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10293235 {\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10293235 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10293235\charrsid10293235 BANKING AMENDMENT}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13069240  ACT 2004}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid10293235\charrsid10293235 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
\par Examined and certified by:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10293235 {\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 Clerk of the Parliament
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
\par In the name and on behalf of Her Majesty Queen Elizabeth the Second I hereby assent to this Act this }{\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 1st }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 day of}{
\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 June}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 2004}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11823074 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991 
\par }\pard \ql \li5760\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin5760\itap0\pararsid7618449 {\fs24\lang2057\langfe1033\langnp2057\insrsid7618449 LAWRENCE MURRAY GREIG}{\fs24\lang2057\langfe1033\langnp2057\insrsid7618449\charrsid2310991 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8668757 Chief Justice of the Cook Islands Exercising the functions and powers of the Queen's Representative pursuant to Article 7(1) of the Constitution of the Cook Islands}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4479522 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid8668757\charrsid2310991 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid1186757 {\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 ________}{\fs24\lang2057\langfe1033\langnp2057\insrsid10293235 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid15927781 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid5132883 ANALYSIS
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 l.}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 Short Title}{
\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 Existing licences
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10899265 {\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 ________
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid15927781 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid15927781 An Act to amend the Banking Act 2003
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid15927781 BE IT ENACTED}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991  by the Parliament of the {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname 
Month}{\xmlattrvalue 6}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 30}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 2004}}}Cook Islands{\*\xmlclose} and by the authority of the same, as follows:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 1.}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid15927781 Short Title}{
\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 \endash }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
 This Act may be cited as the Banking Amendment Act 2004 and shall be read together with and deemed part of the Banking Act 2003 (herein referred to as "the principal Act").
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid15927781\charrsid15927781 Existing}{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid15927781  licences}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 \endash }{
\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991  Section 5 of the principal Act is amended, by adding to subsection (3), the following proviso }{\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 \endash }{
\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15927781 
\par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid15927781 {\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
"Provided however that in the case of the Bank of the Cook Islands Holdings Corporation (known and trading as the "Bank of the {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 6}}{\xmlattr\xmlattrns0
{\xmlattrname Day}{\xmlattrvalue 30}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 2004}}}Cook Islands{\*\xmlclose}"), the licence deemed to be issued under this section shall cease to have effect on {\*\xmlopen\xmlns1{\factoidname date}
{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 6}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 30}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 2004}}}the 30}{
\fs24\lang2057\langfe1033\super\langnp2057\insrsid10899265\charrsid10899265 th}{\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991  June, 2004{\*\xmlclose}."
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2310991 {\fs24\lang2057\langfe1033\langnp2057\insrsid996285 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid996285 {\fs24\lang2057\langfe1033\langnp2057\insrsid1186757 __________________}{\fs24\lang2057\langfe1033\langnp2057\insrsid996285 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid996285 {\fs24\lang2057\langfe1033\langnp2057\insrsid996285 
\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid996285 {\fs24\lang2057\langfe1033\langnp2057\insrsid996285\charrsid2310991 This Act is administered by the Financial Supervisory Commission
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid996285 {\fs24\lang2057\langfe1033\langnp2057\insrsid2310991\charrsid2310991 
\par }}