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Appointment}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 of Director }{\insrsid9196926 a}{\insrsid13700479 nd }{\insrsid9196926 other }{\insrsid4393601\charrsid13585016 officers}{\insrsid4393601 \par }{\insrsid10434969\charrsid13585016 \par }\pard\plain \s19\qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\b\insrsid10434969 PART II}{\b\insrsid9196926\charrsid10434969 \par }{\b\insrsid10434969 ACCOUNTS}{\b\insrsid9196926\charrsid10434969 \par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid9196926 \par 13. Funds of the Trust \par 14. Accounts and audit \par 15. Exempt importations \par }{\insrsid4393601\charrsid13585016 16. Annual report \par }{\insrsid9196926 1}{\insrsid4393601\charrsid13585016 7. Fees}{\insrsid4393601 \par }{\insrsid10434969\charrsid13585016 \par }\pard\plain \s19\qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\b\insrsid9196926\charrsid10434969 PART III \par MISCELLANEOUS \par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid9196926 \par 18. Contracts of the Trust \par }{\insrsid4393601\charrsid13585016 19. Regulations \par 20. Transitional \par }{\insrsid9196926 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9382226 {\insrsid8333996 --------------------------------------------------------}{\insrsid9382226 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid10434969 \par }\pard\plain \s5\qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\outlinelevel4\adjustright\rin0\lin0\itap0\pararsid11423592 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\b\insrsid11423592 1999, }{\b\insrsid11423592\charrsid10434969 No. 14 \par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid11423592\charrsid10434969 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid14048586 {\cs51\ul\insrsid4393601\charrsid10434969 An Act to establish a Cook Islands Natural Heritage Trust with the necessary resources and powers to investigate, ide}{\cs51\ul\insrsid9196926\charrsid10434969 ntify, research}{\cs51\ul\insrsid14048586 ,}{\cs51\ul\insrsid9196926\charrsid10434969 study, classify,}{\cs51\ul\insrsid4393601\charrsid10434969 recor}{\cs51\ul\insrsid14048586 d, issue, preserve and arrange }{\cs51\ul\insrsid4393601\charrsid10434969 publications, exhibitions, displays and generally educate the public on the science of, and traditional practices and knowledge relating to}{\cs51\ul\insrsid14048586 ,}{\cs51\ul\insrsid4393601\charrsid10434969 the flora and fauna of the Cook Islands}{ \insrsid4393601\charrsid10434969 . \par }\pard\plain \s15\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid10434969 \par }\pard \s15\qr \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9196926 {\insrsid4393601\charrsid10434969 (}{\i\insrsid4393601\charrsid16742377 25 March 1999 \par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid10434969\charrsid9863084 \par }{\b\insrsid9196926\charrsid9863084 B}{\b\insrsid4393601\charrsid9863084 E IT ENACTED}{\insrsid4393601\charrsid10434969 by the Parliament of the Cook Islands in Session }{\insrsid9196926\charrsid10434969 assembled,}{\insrsid4393601\charrsid10434969 and by the}{\insrsid4393601\charrsid13585016 authority of the same as follows: \par \par 1.}{\insrsid7616863 }{\cs52\ul\insrsid4393601\charrsid10434969 Short Title and commencement}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 -}{\insrsid9196926 }{\insrsid4393601\charrsid13585016 (}{\insrsid9196926 1}{ \insrsid4393601\charrsid13585016 ) This Act may be cited as the Cook Islands Natural Heritage Trust Act 1999. \par }{\insrsid9196926 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 This Act shall come into force on the date it is assented to by the Queen's}{\insrsid9600602 }{\insrsid4393601\charrsid13585016 Representative. \par }{\insrsid15338464 \par 2. }{\ul\insrsid4393601\charrsid10434969 Interpretation}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 In this Act, unless the context otherwise requires }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 \par }{\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Audit Office}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 has the same meaning that it is given in section 2 of the Public Expenditure Review Committee and Audit Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Board}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Cook Islands Natural Heritage Trust}{\insrsid9308219 }{\insrsid4393601\charrsid13585016 Board of}{\insrsid9308219 }{\insrsid4393601\charrsid13585016 Trustees established under section 6 of this Act; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Chairperson}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Chairperson of the Board; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Director}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Director appointed pursuant to section 12 of this Act; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Director of the Tu'anga Taporoporo}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Director of the Tu'anga Taporoporo appointed under section 19 of the Rarotonga Environment Act 1994}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 95; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Exclusive economic zone}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 has the same meaning that it is given in section 2 of the Territorial Sea and Exclusive Economic Zone Act 1977; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Financial Secretary}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Financial Secretary appointed under section 4 of the Ministry of Finance and Economic Management Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Financial year}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means a period of 12 months ending with the 30th day of June;}{\insrsid4393601 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid10434969\charrsid13585016 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid15338464 Flora and fauna}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means all terrestrial and marine flora and fauna}{\insrsid2967932 ,}{\insrsid4393601\charrsid13585016 whether exotic or native}{\insrsid2967932 ,}{\insrsid4393601\charrsid13585016 which live in, inhabit, or migrate from time to time through, any part of that area which includes the islands, the territorial sea and the exclusive economic zo ne of the Cook Islands and includes the natural environment, ecosystems and habitats on which those flora and }{\insrsid1261794 fauna depend for their survival;}{\insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Minister}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Minister responsible for the Environment; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid2967932 Secretary }{\insrsid4393601\charrsid13585016 of Agriculture}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Head of the Ministry of Agriculture appointed pursuant to section 11 of the Public Service Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Secretary of Education}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Head of the Ministry of Education appointed pursuant}{\insrsid2967932 }{\insrsid4393601\charrsid13585016 to}{\insrsid2967932 }{\insrsid4393601\charrsid13585016 section 11 of the Public Service Act 1995}{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 96; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Secretary of Marine Resources}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Head of the Ministry of Marine}{\insrsid10434969 }{\insrsid4393601\charrsid13585016 Resources appointed pursuant to section 11 of the Public Service Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Territorial sea}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 has the same meaning that it is given in section 3 of the Territorial Sea and Exclusive Economic Zone Act 1977; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Trust}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Cook Islands Natural Heritage Trust constituted under section 4 of this Act; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid15338464 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Trust Account}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the Cook Islands Natural Heritage Trust Account established pur}{\insrsid1261794 suant to section 14 of this Act;}{\insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10434969 {\insrsid4393601\charrsid13585016 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10434969 {\insrsid10434969 "}{\insrsid4393601\charrsid13585016 Trustees}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 means the members or Trustees of the Board. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid15338464 \par 3. }{\cs52\ul\insrsid4393601\charrsid8863605 Act to bind the Crown}{\insrsid4393601\charrsid8863605 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 This Act shall bind the Crown. \par }{\insrsid15338464 \par }\pard\plain \s19\qc \fi-720\li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid15338464 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\b\insrsid4393601\charrsid8863605 PART I}{\b\insrsid15338464\charrsid8863605 \par }\pard \s19\qc \fi-720\li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2967932 {\b\insrsid4393601\charrsid8863605 COOK ISLANDS NATURAL}{\b\insrsid2967932 }{\b\insrsid4393601\charrsid8863605 HERITAGE TRUST \par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 \fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\insrsid15338464 \par }{\insrsid4393601\charrsid13585016 4.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid8863605 Cook Islands Natural Heritage Trust}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 (1) There is hereby established a Trust called the Cook Islands Natural Heritage Trust. \par }{\insrsid2960800 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Except where inconsistent with the provisions of this Act, the laws of equity relating to trusts shall apply to the Trust. \par }{\insrsid2960800 \par }{\insrsid4393601\charrsid13585016 (3) The Trustee Act 1956 and the Public Service Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96 shall have no application to the Trust. \par \par 5.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid8863605 Objects of the Trust}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 (1) The objects of the Trust are to }{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 \par }{\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 investigate, identify, research, analyse, study, classify, record, integrate and preserve scientific information and traditional knowledge of and practices relating to flora and fauna; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid2960800 (b) make}{\insrsid4393601\charrsid13585016 such information as is obtained pursuant to paragraph (a) of this subsection generally available to the public; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid2960800 (c) }{\insrsid4393601\charrsid13585016 assist Government departments and agencies upon request with the sup ply of information obtained pursuant to paragraph (a) of this subsection. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The objects of the}{\insrsid16742377 Trust are deemed a c}{\insrsid1261794 haritable }{\insrsid10699146 p}{\insrsid4393601\charrsid13585016 urpose as that term is defined in section 2 of the Income Tax Act 1997. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid4393601\charrsid13585016 \par 6.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid8863605 Powers of the Trust}{\insrsid4393601\charrsid13585016 }{\insrsid2960800 -}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 (1) In the exercise of its fu nctions under this Act, the Trust shall be empowered to }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 \par }{\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 investigate, identify, research, analyse, study, classify, record, integrate and preserve scientific information and traditional knowledge of and practices relating to flora and fauna; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid11819816 issue and arrange publications,}{\insrsid4393601\charrsid13585016 exhibitions and displays, and generally educate the public about flora and fauna; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid2960800 (c) }{\insrsid4393601\charrsid13585016 make information in its possession available, with or without fee, to Government departments and agencies; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (d)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 take such measures as it considers necessary to ensure that adequate finance is available to carry out its objects including negotiating with overseas agencies for such finance; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (e)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 erect suitable signs and notices at places of habitat or otherwise of interest in respect of flora or fauna; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (f)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 acquire by purchase, lease, exchange, bailment, gift, or otherwise any interest in real or personal property; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (g)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 dispose of any of its property as it thinks fit by sale, lease, exchange, or bailment; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (h)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 establish museums or other places displaying flora and fauna accessible to the public at a charge for admission or otherwise; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (i)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 appoint committees, whether composed }{\insrsid2960800 of members of the Board or not; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (j)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 make grants for the undertak ing of studies or investigations approved by the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid2960800 (k) }{\insrsid4393601\charrsid13585016 publish books, pamphlets, reports, recommendations, and other information relating to any object of the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid2960800 (l}{\insrsid4393601\charrsid13585016 )}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 make grants or advances of money on such terms and conditions as it sees fit (including advances free of interest) to further the functions of the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2960800 {\insrsid2960800 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid2960800 {\insrsid4393601\charrsid13585016 (m)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 expend any money and generally to undertake any other powers and actions that are necessary for the exercise of or ancillary to any of its objects. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid2960800 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Wherever this Act or an y other enactment provides for the Trust to carry out any object or vests in the Trust any power, unless the context otherwise requires, that object shall be carried out and that power shall vest in the Board. \par }{\insrsid10684077 \par }{\insrsid4393601\charrsid13585016 7.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid8863605 The Board}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 - }{\insrsid4393601\charrsid13585016 (1) The Board shall comprise of the following Trustees }{ \insrsid7616863 -}{\insrsid4393601\charrsid13585016 \par }{\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 one person to be appointed by the Minister to be the Chairperson of the Board; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 the Director of the Tu'anga Taporoporo; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (c)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 one person to be appointed by the Financial Secretary; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (d)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 one person to be appointed by the Secretary of Education; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (e)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 one person to be appointed by the Secretary of Agriculture with the concurrence of the Secretary of}{\insrsid290770 }{\insrsid4393601\charrsid13585016 Marine Resources;}{\insrsid4393601 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7291967 {\insrsid7291967\charrsid13585016 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid290770 (f) }{\insrsid4393601\charrsid13585016 one}{\insrsid1261794 }{\insrsid4393601\charrsid13585016 person to be appointed by any settlor on the Trust whose settlement is in monetary value equal to or greater than fifty percent of the amount of public money settled on the Trust in the financial year of the}{\insrsid290770 }{ \insrsid4393601\charrsid13585016 settlement or where no public money has been set tled on the Trust in that financial year, greater than fifty percent of the amount of public money settled in the last financial year in which public money was settled upon the Trust. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The persons appointed Trustees pursuant to subsection (1) of this section shall be appointed for a term not exceeding three years provided however such appo}{ \insrsid290770 intees may from time to time be }{\insrsid4393601\charrsid13585016 reappointed. \par }{\insrsid290770 \par (}{\insrsid4393601\charrsid13585016 3)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Any person appointed a Trustee by a settlor on the Trust in accordance with subsection (1) of this sect}{\insrsid290770 ion, shall remain a Trustee for-}{ \insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 one year from the date of that person's appointment}{ \insrsid7347123 ;}{\insrsid4393601\charrsid13585016 or \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 for such time that the property or any part of the property settled upon the Trust, remains unused or unexpended }{\insrsid7616863 -}{\insrsid4393601 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7291967 {\insrsid7291967\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid4393601\charrsid13585016 whichever is the greater. \par }{\insrsid290770 \par (4).}{\insrsid4393601\charrsid13585016 }{\insrsid290770 S}{\insrsid4393601\charrsid13585016 ubject to section 8 of this Act, every Trustee shall continue in office until his or her successor comes into office. \par \par 8.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid8863605 Extraordinary vacancies}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 - }{\insrsid4393601\charrsid13585016 (1) Any Trustee shall be deemed to have vacated office if he or she is absent from three consecutive meetings of the Board without having first obtained the leave of the Board. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 If any Trustee }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 dies; or \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 resigns; or \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (c)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 is removed from office; or \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\insrsid290770 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid290770 {\insrsid4393601\charrsid13585016 (d)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 is deemed to have vacated his or her office }{\insrsid7616863 -} {\insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid8863605 \par }{\insrsid4393601\charrsid13585016 the vacancy thereby occurring shall be deemed an extraordinary vacancy. \par }{\insrsid8863605 \par }{\insrsid4393601\charrsid13585016 (3)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Every extraordinary vacancy shall be filled in the same manner as that of the person whose office has become vacant. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (4)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Every person who fills an extraordinary vacancy shall hold office for the remainder of the term for which his or her predecessor was to hold office. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (5)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The powers of the Board shall not be affected by any vacancy in the membership thereof. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 9}{\insrsid4393601\charrsid13384028 .}{\insrsid7616863\charrsid13384028 }{\ul\insrsid4393601\charrsid13384028 Meetings of the Board}{\insrsid4393601\charrsid13384028 }{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 (1) Subject to subsection (5) of this section, the quorum for a meeting of the Board shall be three Trustees including the Chairperson and notwithstanding any rule of law to the contrary, any decision made by the Trustees at any meeting shall be valid an d binding as if made by all the Trustees. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Meetings of the Board shall be held at such times and places as the Board determines provided however the Board shall meet not less than three times in any financial year and in any event whenever a period of f ive calendar months has elapsed since its last meeting, the Board shall meet forthwith. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (3)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Except as is otherwise provided in this Act or by any other statute or rule of law, the Board may regulate its own procedure. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (4)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The Chairperson shall preside at all meetings of the Board at which he or she is}{\insrsid290770 }{\insrsid4393601\charrsid13585016 present. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (5)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 In the absence of the Chairperson from any meeting, the Trustees present shall appoint one of their number as Chairperson of that meeting. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (6)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 At least seven days notice of any meeting of the Board shall be given to all}{\insrsid290770 }{\insrsid4393601\charrsid13585016 Trustees. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (7)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 A resolution of the Trustees at any meeting held by the Board, shall be valid and binding on all the Trustees. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 10}{\insrsid290770 .}{\insrsid4393601\charrsid13585016 }{\ul\insrsid4393601\charrsid13384028 Proceedings not affected by certain irregularities}{\insrsid7616863\charrsid13384028 }{\insrsid7616863 - }{\insrsid290770 No act or proceeding of the }{\insrsid4393601\charrsid13585016 Board or of any person acting as a Trustee shall be invalidated by reason of a vacancy in the membership of the Board at the time of the act or proceeding, or because of the subsequent discovery that}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 there was some defect in the appointment of any person so }{\insrsid14555782 acting, or that such person was}{\insrsid4393601\charrsid13585016 incapable of being a Trustee or had ceased to become a Trustee. \par }{\insrsid9600602 \par }{\insrsid4393601\charrsid13585016 11}{\insrsid290770\charrsid13384028 . }{\ul\insrsid290770\charrsid13384028 Trustees}{\ul\insrsid4393601\charrsid13384028 not personally liable}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 (1) No Trustee shall be personally liable for any act or default by any Trustee or the Board where that act was done or that default made in good faith and with reasonable care and diligence provided however nothing herein contained shall affect}{\insrsid13384028 }{\insrsid4393601\charrsid13585016 the liability or obligations of the Bo}{\insrsid290770 ard or any Trustee under any agr}{\insrsid4393601\charrsid13585016 eement or deed, or pursuant to the Ministry of Finance and Economic Management Act}{\insrsid217340 }{\insrsid4393601\charrsid13585016 1995}{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 96. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 12}{\insrsid4393601\charrsid13384028 . }{\ul\insrsid4393601\charrsid13384028 Appointment of Director and other officers}{\insrsid4393601\charrsid13384028 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 (1) There }{\insrsid948872 shall be appointed by the Board,}{\insrsid4393601\charrsid13585016 a Director to assist the Board in the carrying out of the objects of the Trust. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (2) No person shall be appointed as Director, other than a person considered by the Board to be suitably qualified for the position. \par }{\insrsid290770 \par }{\insrsid4393601\charrsid13585016 (3)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The Director may, with the approval of the Board, appoint such other officers, employees and consultants as may from t ime to time be required to carry out the objects of the Trust. \par \par (4)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Every officer, employee and consultant engaged pursuant to this section shall in the performance of their duties be responsible to the Director. \par }{\insrsid290770 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid290770 {\b\insrsid290770\charrsid12732741 PART II \par }{\b\insrsid4393601\charrsid12732741 ACCOUNTS \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid9600602 \par }{\insrsid4393601\charrsid13585016 13.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid12732741 Funds of the Trust}{\insrsid4393601\charrsid13585016 }{\insrsid7616863 - }{\insrsid4393601\charrsid13585016 (1) The fund}{\insrsid9600602 s of the Trust shall consist of-}{\insrsid4393601\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 all money received by the Trust out of money appropriated by Parliament for the purposes of the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 all money lawfully contributed or donated or bequeathed to the Trust or otherwise lawfully payable to the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (c)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 all money received by the Trust by way of fees, rent, charges for services and publications, or otherwise in respect of any real or personal property vested in or controlled by the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (d)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 all money received by the Trust from the sale or other disposal of any real or personal property of the Trust; \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (e)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 all accumulations of money belonging to the Trust. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid9600602 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 No monies shall be withdrawn from any account of the Trust save pursuant to a resolution passed by the Trustees at a meeting of the Board. \par }{\insrsid9600602 \par }{\insrsid4393601\charrsid13585016 14}{\insrsid9600602 .}{\b\insrsid7616863\charrsid9600602 }{\ul\insrsid4393601\charrsid12732741 Accounts and audit}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 (1) Any funds of the Trust, as defined in section 13 of this Act, shall be deemed to be Public Money as that term is defined in the Ministry of Finance and Economic Management Act 1995}{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 96 notwithst anding its settlement upon the Trust and the Trust}{\insrsid12732741 }{\insrsid4393601\charrsid13585016 shall in any Financial year it receives Public Money be deemed a Crown Agency. \par }{\insrsid9600602 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 A}{\insrsid9600602 ll}{\insrsid4393601\charrsid13585016 funds settled upon the Trust shall be paid into such Trust Account or accounts as shall be authorised from time to time by the Financial Secretary. \par }{\insrsid9600602 \par 15}{\insrsid9600602\charrsid12732741 . }{\ul\insrsid4393601\charrsid12732741 Exempt importations}{\b\insrsid4393601\charrsid9600602 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 For the purposes of the Value Added Tax Act 1997, notwithstanding any law to the contrary, the Trust is by this Act deemed }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 \par }{\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 an }{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 approved aid project}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 pursuant to paragraph 4(a); and \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid9600602 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 an }{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 approved project}{\insrsid10434969 "}{\insrsid4393601\charrsid13585016 purs}{\insrsid12732741 uant to paragraphs 4(b) and (c) -}{\insrsid9600602 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid12732741 {\insrsid12732741 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\insrsid4393601\charrsid13585016 of the Second Schedule of}{\insrsid9600602 }{\insrsid4393601\charrsid13585016 the Value Added Tax Act 1997. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid9600602 \par 16. }{\ul\insrsid4393601\charrsid12732741 Annual report}{\insrsid12732741\charrsid12732741 }{\insrsid7616863 -}{\insrsid12732741 }{\insrsid4393601\charrsid13585016 (1)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 The Trust shall as soon as practicable after}{\insrsid14050644 the end of each financial year,}{\insrsid4393601\charrsid13585016 furnish to the Minister a report of the proceedings and operations of the Trust for that financial year,}{\insrsid14050644 }{\insrsid4393601\charrsid13585016 together with a copy of its accounts for that financial year certified by the Audit Office.}{\insrsid4393601 \par }{\insrsid12732741\charrsid13585016 \par }{\insrsid9600602 (2) A }{\insrsid4393601\charrsid13585016 copy of the report (including the accounts so certified }{\insrsid12732741 attached thereto) shall be laid }{\insrsid4393601\charrsid13585016 befor e Parliament as soon as practicable after it has been received by the Minister.}{\insrsid4393601 \par }{\insrsid12732741\charrsid13585016 \par }{\insrsid9600602 17. }{\ul\insrsid4393601\charrsid9704939 Fees}{\insrsid9704939 }{\insrsid9600602 - There}{\insrsid4393601\charrsid13585016 may be paid to the Trustees an annual allowance in such sum as may be prescribed from time to time. \par }{\insrsid9600602 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9600602 {\b\insrsid9600602\charrsid9704939 PART III \par }{\b\insrsid4393601\charrsid9704939 MISCELLANEOUS \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid4393601\charrsid13585016 \par 18.}{\insrsid7616863 }{\ul\insrsid4393601\charrsid9704939 Contracts of the Trust}{\insrsid4393601\charrsid9704939 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 Any contract made in writing or any document executed as a deed shall be validly made if executed by any two Trustees pursuant to a resolution of the Board. \par }{\insrsid3107327 \par }{\insrsid4393601\charrsid13585016 19.}{\insrsid7616863\charrsid9704939 }{\ul\insrsid4393601\charrsid9704939 Regulations}{\insrsid7616863\charrsid9704939 }{\insrsid7616863 - }{\insrsid4393601\charrsid13585016 The Queen's Representative may from time to time, by Order in Executive Council, make regulations providing for such matters as are contemplated by or necessary for giving full effect to the provisions of this Act and for the due administration thereof. \par }{\insrsid3107327 \par }{\insrsid4393601\charrsid13585016 20. }{\ul\insrsid4393601\charrsid9704939 Transitional}{\insrsid4393601\charrsid9704939 }{\insrsid7616863 -}{\insrsid4393601\charrsid13585016 (1) Every person employed in the Cook Islands Government's Natural Heritage Project shall continue to be so appointed on the same terms and conditions before the coming into force of this Act as if such appointments were made under sectio n 12 of this Act. \par }{\insrsid3107327 \par }{\insrsid4393601\charrsid13585016 (2)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 Any property in the possession of or being used by such persons referred to in subsection (1) of this section that }{\insrsid7616863 -}{ \insrsid4393601\charrsid13585016 \par }{\insrsid3107327 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid3107327 {\insrsid4393601\charrsid13585016 (a)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 is being used for the purposes of the Cook Islands Government Natural Heritage Project; and \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3107327 {\insrsid3107327 \par }\pard \ql \li720\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid3107327 {\insrsid4393601\charrsid13585016 (b)}{\insrsid7616863 }{\insrsid4393601\charrsid13585016 has been ident ified by these persons as being the property of the Cook Islands Government Property Corporation or the Crown }{\insrsid7616863 -}{\insrsid4393601 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9704939 {\insrsid9704939\charrsid13585016 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid4393601\charrsid13585016 is hereby settled on the Trust. \par \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid14050644 {\insrsid8333996 ----------------------------------------}{\insrsid14050644 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13585016 {\insrsid9704939 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9704939 {\insrsid4393601\charrsid13585016 This Act is administered by the Cook Islands Natural Heritage Trust \par }}