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{\*\xmlopen\xmlns1{\factoidname place}}{\*\xmlopen\xmlns1{\factoidname PlaceName}}COOK{\*\xmlclose} {\*\xmlopen\xmlns1{\factoidname PlaceType}}ISLANDS{\*\xmlclose}{\*\xmlclose} \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid3673894 {\fs24\lang2057\langfe1033\langnp2057\insrsid3673894\charrsid3673894 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid7948658 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12990501\charrsid7948658 BANK OF THE {\*\xmlopen\xmlns1{\factoidname place}}{\*\xmlopen\xmlns1{\factoidname PlaceName}}COOK{\*\xmlclose} {\*\xmlopen\xmlns1{\factoidname PlaceType}}ISLANDS{\*\xmlclose}{\*\xmlclose} AMENDMENT}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12990501 ACT 2007}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10100963 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10100963 {\fs24\lang2057\langfe1033\langnp2057\insrsid10100963 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12990501 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12990501\charrsid12990501 Bank }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12990501 of t}{ \b\fs24\lang2057\langfe1033\langnp2057\insrsid12990501\charrsid12990501 he {\*\xmlopen\xmlns1{\factoidname place}}Cook Islands{\*\xmlclose} Amendment \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid7948658\charrsid10569332 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 Examined and certified by: \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10100963 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10100963 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 Clerk of the Parliament \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid10100963 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 In the name and on behalf of Her Majesty Queen Elizabeth the Second I hereby assent to this Act this}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid7362864 Act this 13th}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 day of}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{\fs24\lang2057\langfe1033\langnp2057\insrsid7362864 March }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 2007 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 \par }\pard \qr \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid7756489 {\fs24\lang2057\langfe1033\langnp2057\insrsid7756489 Sir F. Godwin KBE}{\fs24\lang2057\langfe1033\langnp2057\insrsid7756489\charrsid10569332 \par }\pard \qr \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid7362864 {\fs24\lang2057\langfe1033\langnp2057\insrsid7362864 Queen'}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 s Representative \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid7362864\charrsid2260156 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6698103 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid2260156 ANALYSIS}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid2260156 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid6698103 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 1.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 Short Title}{ \fs24\lang2057\langfe1033\langnp2057\insrsid4286200 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid15559311 {\fs24\lang2057\langfe1033\langnp2057\insrsid4286200\charrsid10569332 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid4286200 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid4286200\charrsid10569332 Appointment of receiver}{\fs24\lang2057\langfe1033\langnp2057\insrsid15559311 }{\fs24\lang2057\langfe1033\langnp2057\insrsid15559311\charrsid10569332 to enforce charges \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 3.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 Application}{\fs24\lang2057\langfe1033\langnp2057\insrsid4286200 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2831230 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid2831230 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid2831230 ________}{\fs24\lang2057\langfe1033\langnp2057\insrsid2831230\charrsid2831230 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid10166149 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10166149 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid3305505 2007, No. 1}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10166149 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid10166149 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10166149 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid6109224 An Act to amend the Bank of the {\*\xmlopen\xmlns1{\factoidname place}}Cook Islands {\*\xmlclose} Act 2003 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid10166149 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid9709740 1}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid11286578 . }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid6109224 Short Title}{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 - This Act may be cited as the Bank of the Cook Islands Amendment Act 2007 and shall be read together with and deemed part of the Bank of the Cook Islands Act 2003 (hereinafter referred to as }{\fs24\lang2057\langfe1033\langnp2057\insrsid11286578 "}{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 the princip}{\fs24\lang2057\langfe1033\langnp2057\insrsid11286578 al Act")}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 . \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11286578 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid9709740 2}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid15549412 . }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid6109224 Appointment of receiver to enforce charges}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 - Section 28 of the principal Act is amended by adding after}{\fs24\lang2057\langfe1033\langnp2057\insrsid7756489 subsection (3), the following-}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11286578 \par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid15549412 {\fs24\lang2057\langfe1033\langnp2057\insrsid15549412 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 (4) (a) Where the interest in land charged pursuant to this Part is a right of occupation granted pursuant to section 50 of the Cook Islands Amendment Act 1 946, a receiver may, with the leave of the Court, grant a lease of the land so charged to any person for such a term having regard to the amounts outstanding, and on such conditions and for such rent or other consideration as the Court thinks fit. \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid15549412 \par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid15549412 {\fs24\lang2057\langfe1033\langnp2057\insrsid5798533 (b) Leave may be granted:}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 - \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid3041334 \par }\pard \ql \li1440\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin1440\itap0\pararsid3041334 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 (i)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 notwithstanding any condition contained in the right of occupation as to the occupation of the land by any particular person or persons, or the descendants of any such person or persons; and \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid3041334 \par }\pard \ql \li1440\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin1440\itap0\pararsid3041334 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 (ii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 without affecting for the duration of the lease, the validity of the right of occupation. \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid12855826 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid9709740 3}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid8015042 . }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8015042\charrsid6109224 App}{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid6109224 lication}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 - Section 28 of the principal Act as amended by this Act shall have application in respect of every right of occupation granted pursuant to section 50 of the Cook Islands Amendment Act 1946 and every charging order made pursuant to Part 5 of the principal Act or under Part V of the Cook Islands Bank Act 1978, whether or not such r}{\fs24\lang2057\langfe1033\langnp2057\insrsid6311893 ight shall have been granted or}{\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 such order shall have been made before or after the coming into force of this Act. \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6311893 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6311893 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6311893 ________}{\fs24\lang2057\langfe1033\langnp2057\insrsid6311893\charrsid6311893 \par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid10569332 {\fs24\lang2057\langfe1033\langnp2057\insrsid6311893 \par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6311893 {\fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 T}{\fs24\lang2057\langfe1033\langnp2057\insrsid6311893 h}{ \fs24\lang2057\langfe1033\langnp2057\insrsid10569332\charrsid10569332 is Act is administered by Bank of the Cook Islands Limited \par }}