{\rtf1\adeflang1025\ansi\ansicpg1252\uc1\adeff0\deff0\stshfdbch31505\stshfloch31506\stshfhich31506\stshfbi0\deflang1033\deflangfe1033\themelang1033\themelangfe0\themelangcs0{\fonttbl{\f0\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f2\fbidi \fmodern\fcharset0\fprq1{\*\panose 02070309020205020404}Courier New{\*\falt Courier New};}{\f3\fbidi \froman\fcharset2\fprq2{\*\panose 05050102010706020507}Symbol{\*\falt Symbol};}
{\f10\fbidi \fnil\fcharset2\fprq2{\*\panose 05000000000000000000}Wingdings{\*\falt Wingdings};}{\f10\fbidi \fnil\fcharset2\fprq2{\*\panose 05000000000000000000}Wingdings{\*\falt Wingdings};}
{\f39\fbidi \fswiss\fcharset0\fprq2{\*\panose 020f0502020204030204}Calibri{\*\falt Calibri};}{\f40\fbidi \froman\fcharset0\fprq2{\*\panose 02040503050406030204}Cambria;}
{\flomajor\f31500\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\fdbmajor\f31501\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\fhimajor\f31502\fbidi \fswiss\fcharset0\fprq2{\*\panose 020f0302020204030204}Calibri Light;}{\fbimajor\f31503\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\flominor\f31504\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\fdbminor\f31505\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\fhiminor\f31506\fbidi \fswiss\fcharset0\fprq2{\*\panose 020f0502020204030204}Calibri{\*\falt Calibri};}{\fbiminor\f31507\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f42\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f43\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f45\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\f46\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\f47\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\f48\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\f49\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\f50\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\f62\fbidi \fmodern\fcharset238\fprq1 Courier New CE{\*\falt Courier New};}{\f63\fbidi \fmodern\fcharset204\fprq1 Courier New Cyr{\*\falt Courier New};}
{\f65\fbidi \fmodern\fcharset161\fprq1 Courier New Greek{\*\falt Courier New};}{\f66\fbidi \fmodern\fcharset162\fprq1 Courier New Tur{\*\falt Courier New};}{\f67\fbidi \fmodern\fcharset177\fprq1 Courier New (Hebrew){\*\falt Courier New};}
{\f68\fbidi \fmodern\fcharset178\fprq1 Courier New (Arabic){\*\falt Courier New};}{\f69\fbidi \fmodern\fcharset186\fprq1 Courier New Baltic{\*\falt Courier New};}{\f70\fbidi \fmodern\fcharset163\fprq1 Courier New (Vietnamese){\*\falt Courier New};}
{\f432\fbidi \fswiss\fcharset238\fprq2 Calibri CE{\*\falt Calibri};}{\f433\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Calibri};}{\f435\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Calibri};}
{\f436\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Calibri};}{\f437\fbidi \fswiss\fcharset177\fprq2 Calibri (Hebrew){\*\falt Calibri};}{\f438\fbidi \fswiss\fcharset178\fprq2 Calibri (Arabic){\*\falt Calibri};}
{\f439\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Calibri};}{\f440\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Calibri};}{\f442\fbidi \froman\fcharset238\fprq2 Cambria CE;}{\f443\fbidi \froman\fcharset204\fprq2 Cambria Cyr;}
{\f445\fbidi \froman\fcharset161\fprq2 Cambria Greek;}{\f446\fbidi \froman\fcharset162\fprq2 Cambria Tur;}{\f449\fbidi \froman\fcharset186\fprq2 Cambria Baltic;}{\f450\fbidi \froman\fcharset163\fprq2 Cambria (Vietnamese);}
{\flomajor\f31508\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\flomajor\f31509\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\flomajor\f31511\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\flomajor\f31512\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\flomajor\f31513\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\flomajor\f31514\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\flomajor\f31515\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\flomajor\f31516\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\fdbmajor\f31518\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\fdbmajor\f31519\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\fdbmajor\f31521\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\fdbmajor\f31522\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\fdbmajor\f31523\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\fdbmajor\f31524\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\fdbmajor\f31525\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\fdbmajor\f31526\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\fhimajor\f31528\fbidi \fswiss\fcharset238\fprq2 Calibri Light CE;}{\fhimajor\f31529\fbidi \fswiss\fcharset204\fprq2 Calibri Light Cyr;}{\fhimajor\f31531\fbidi \fswiss\fcharset161\fprq2 Calibri Light Greek;}
{\fhimajor\f31532\fbidi \fswiss\fcharset162\fprq2 Calibri Light Tur;}{\fhimajor\f31533\fbidi \fswiss\fcharset177\fprq2 Calibri Light (Hebrew);}{\fhimajor\f31534\fbidi \fswiss\fcharset178\fprq2 Calibri Light (Arabic);}
{\fhimajor\f31535\fbidi \fswiss\fcharset186\fprq2 Calibri Light Baltic;}{\fhimajor\f31536\fbidi \fswiss\fcharset163\fprq2 Calibri Light (Vietnamese);}{\fbimajor\f31538\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\fbimajor\f31539\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\fbimajor\f31541\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\fbimajor\f31542\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\fbimajor\f31543\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\fbimajor\f31544\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\fbimajor\f31545\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\fbimajor\f31546\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\flominor\f31548\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\flominor\f31549\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\flominor\f31551\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\flominor\f31552\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\flominor\f31553\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\flominor\f31554\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\flominor\f31555\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\flominor\f31556\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\fdbminor\f31558\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\fdbminor\f31559\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\fdbminor\f31561\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\fdbminor\f31562\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\fdbminor\f31563\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\fdbminor\f31564\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\fdbminor\f31565\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\fdbminor\f31566\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\fhiminor\f31568\fbidi \fswiss\fcharset238\fprq2 Calibri CE{\*\falt Calibri};}
{\fhiminor\f31569\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Calibri};}{\fhiminor\f31571\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Calibri};}{\fhiminor\f31572\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Calibri};}
{\fhiminor\f31573\fbidi \fswiss\fcharset177\fprq2 Calibri (Hebrew){\*\falt Calibri};}{\fhiminor\f31574\fbidi \fswiss\fcharset178\fprq2 Calibri (Arabic){\*\falt Calibri};}{\fhiminor\f31575\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Calibri};}
{\fhiminor\f31576\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Calibri};}{\fbiminor\f31578\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\fbiminor\f31579\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\fbiminor\f31581\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\fbiminor\f31582\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\fbiminor\f31583\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\fbiminor\f31584\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\fbiminor\f31585\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\fbiminor\f31586\fbidi \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;
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TOC - Arrangment Heading;}{\s36\ql \fi-601\li2041\ri0\sb240\sa240\widctlpar\jclisttab\tx1440\wrapdefault\aspalpha\aspnum\faauto\ls12\outlinelevel0\adjustright\rin0\lin2041\itap0 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang3081\langfe1033\cgrid\langnp3081\langfenp1033 \snext36 \spriority21 \styrsid6058544 List Bullet 1;}{\s37\ql \fi-879\li879\ri0\sb240\sa240\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls17\outlinelevel0\adjustright\rin0\lin879\itap0 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext20 \spriority13 \styrsid6058544 
Paragraph - No number;}{\*\ts38\tsrowd\trbrdrt\brdrs\brdrw10 \trbrdrl\brdrs\brdrw10 \trbrdrb\brdrs\brdrw10 \trbrdrr\brdrs\brdrw10 \trbrdrh\brdrs\brdrw10 \trbrdrv\brdrs\brdrw10 
\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\trcbpat1\trcfpat1\tblind0\tblindtype3\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af40\afs20\alang1025 \ltrch\fcs0 \f40\fs20\lang2057\langfe2057\cgrid\langnp2057\langfenp2057 \sbasedon11 \snext38 \spriority59 \styrsid6058544 Table Grid;}{
\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext39 \spriority12 \styrsid6058544 
Paragraph - No Indent;}{\s40\qc \li0\ri0\sb360\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 
\snext40 \spriority1 \styrsid6058544 Legislation Title;}{\s41\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext44 \spriority3 \styrsid6058544 TOC - Part;}{\s42\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext44 \spriority4 \styrsid6058544 TOC - Division;}{\s43\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\i\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext44 \spriority5 \styrsid6058544 TOC - Sub-Division;}{\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext44 \spriority6 \styrsid6058544 TOC - Section;}{\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 
\ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext46 \spriority7 \styrsid6058544 Heading - Part;}{\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext46 \spriority10 \styrsid6058544 Heading - Section;}{
\s47\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext46 \spriority8 \styrsid6058544 
Heading - Division;}{\s48\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \i\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 
\snext46 \spriority9 \styrsid6058544 Heading - Sub-Division;}{\s49\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 
\snext46 \spriority11 \styrsid6058544 Heading - Schedule;}{\s50\ql \li3600\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\ilvl3\outlinelevel2\adjustright\rin0\lin3600\itap0 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon31 \snext50 \spriority18 \styrsid6058544 Indent4;}{\s51\ql \li4321\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\ilvl4\outlinelevel2\adjustright\rin0\lin4321\itap0 
\rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon50 \snext51 \spriority18 \styrsid6058544 Indent5;}{
\s52\qc \li0\ri0\sa60\widctlpar\wrapdefault\aspalpha\aspnum\faauto\outlinelevel1\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 \fs24\lang3081\langfe1033\loch\f31502\hich\af31502\dbch\af31501\cgrid\langnp3081\langfenp1033 
\sbasedon0 \snext0 \slink53 \sqformat \spriority11 \styrsid3680018 Subtitle;}{\*\cs53 \additive \rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \fs24\lang3081\langfe0\loch\f31502\hich\af31502\dbch\af31501\langnp3081\langfenp0 
\sbasedon10 \slink52 \slocked \spriority11 \styrsid3680018 Subtitle Char;}}{\*\listtable{\list\listtemplateid986221192\listsimple{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
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{\list\listtemplateid1770679684\listsimple{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0 \fi-360\li1440\jclisttab\tx1440\lin1440 }{\listname 
;}\listid-127}{\list\listtemplateid-1619120362\listsimple{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0 \fi-360\li926\jclisttab\tx926\lin926 }
{\listname ;}\listid-126}{\list\listtemplateid-403425320\listsimple{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0 \fi-360\li643
\jclisttab\tx643\lin643 }{\listname ;}\listid-125}{\list\listtemplateid487851506\listsimple{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'00.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 
\ltrch\fcs0 \fi-360\li360\jclisttab\tx360\lin360 }{\listname ;}\listid-120}{\list\listtemplateid-823638066{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}
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\jclisttab\tx2160\lin2761 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0 \s33\fi-1321\li4201\jclisttab\tx2880\lin4201 }{\listlevel\levelnfc255
\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li3600\jclisttab\tx2520\lin3600 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0
\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li4320\jclisttab\tx3240\lin4320 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1
\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li5040\jclisttab\tx3960\lin5040 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li5760\jclisttab\tx4680\lin5760 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 
\af0 \ltrch\fcs0 \fbias0 \fi-720\li6480\jclisttab\tx5400\lin6480 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 
\fi-720\li7200\jclisttab\tx6120\lin7200 }{\listname ;}\listid79839906\liststyleid760490016}{\list\listtemplateid-1967723040{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
\'01\'00;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li720\lin720 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'01);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 
\ltrch\fcs0 \fbias0 \fi-360\li720\lin720 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'02);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1080\lin1080 }
{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'03);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1440\lin1440 }{\listlevel\levelnfc4\levelnfcn4\leveljc0
\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'04);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1800\lin1800 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1
\levelspace0\levelindent0{\leveltext\'03(\'05);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li2160\lin2160 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li2520\lin2520 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'07.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 
\ltrch\fcs0 \fbias0 \fi-360\li2880\lin2880 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'08.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li3240\lin3240 }
{\listname ;}\listid98716738\liststyleid255790128}{\list\listtemplateid-1068482196{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'04(\'00) ;}{\levelnumbers\'02;}\rtlch\fcs1 \af0 
\ltrch\fcs0 \fbias0 \s19\fi-601\li2041\jclisttab\tx1440\lin2041 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'04(\'01) ;}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \s22
\fi-601\li2761\jclisttab\tx2160\lin2761 }{\listlevel\levelnfc3\levelnfcn3\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'04(\'02) ;}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \s23\fi-1321\li4201\lin4201 }
{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow1\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-125\li3005\lin3005 }{\listlevel\levelnfc255\levelnfcn255\leveljc0
\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li4320\lin4320 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0
\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li5040\lin5040 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'06;}{\levelnumbers\'01;}
\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li5760\lin5760 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'07;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 
\fi-720\li6480\lin6480 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'08;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li7200\lin7200 }{\listname 
;}\listid212930889{\*\liststylename NumLists;}\spriority0 }{\list\listtemplateid-1850459618{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow2\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'00;}{\levelnumbers\'01;}\rtlch\fcs1 
\af0 \ltrch\fcs0 \fbias0 \fi0\li1440\lin1440 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow2\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'01;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi0\li2160\lin2160 }
{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow2\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'02;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi0\li2880\lin2880 }{\listlevel\levelnfc255\levelnfcn255\leveljc0
\leveljcn0\levelfollow2\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi0\li3600\lin3600 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow2\levelstartat1\levelspace0
\levelindent0{\leveltext\'00;}{\levelnumbers;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi0\li4321\lin4321 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'00;}{\levelnumbers;}
\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li4320\lin4320 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'06;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 
\fi-720\li5040\lin5040 }{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'07;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li5760\lin5760 }{\listlevel
\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'08;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li6480\lin6480 }{\listname ;}\listid233898456\liststyleid1016157319}
{\list\listtemplateid-1967723040{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'00;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-720\li720\lin720 }{\listlevel
\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'01);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li720\lin720 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0
\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'02);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1080\lin1080 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0
\levelindent0{\leveltext\'03(\'03);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1440\lin1440 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
\'03(\'04);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li1800\lin1800 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'05);}{\levelnumbers\'02;}\rtlch\fcs1 
\af0 \ltrch\fcs0 \fbias0 \fi-360\li2160\lin2160 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li2520\lin2520 }
{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'07.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li2880\lin2880 }{\listlevel\levelnfc2\levelnfcn2\leveljc0
\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'08.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \fi-360\li3240\lin3240 }{\listname ;}\listid255790128{\*\liststylename TOC Section;}}
{\list\listtemplateid-1850459618{\listlevel\levelnfc255\levelnfcn255\leveljc0\leveljcn0\levelfollow2\levelstartat1\levelspace0\levelindent0{\leveltext\'01\'00;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \fbias0 \s21\fi0\li1440\lin1440 }{\listlevel
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\par 21. Vesting of property in Corporation }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6163253 
\par 22. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Corporation may refer matters for investigation
\par }\pard\plain \ltrpar\s41\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid272989 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid15824891 PART III }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6163253 -}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid272989  CAPITAL}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6163253 
\par }\pard\plain \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11409630 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid6163253 23. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Authorised capital }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11409630 
\par 24. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Subscription of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6163253  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Shares}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6163253 
\par }\pard\plain \ltrpar\s41\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid272989 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \expnd0\expndtw3\insrsid11409630 PART IV }{\rtlch\fcs1 \af0 \ltrch\fcs0 \expnd0\expndtw3\insrsid272989 - }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11409630 FINANCIAL}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11409630\charrsid6163253  PROVISIONS}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\insrsid11409630 
\par }\pard\plain \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15824891 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid11409630 25. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Appropriation by Parliament
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11409630 26. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Housing Corporation accounts
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 27. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Preparation of estimates }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 
\par 28. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Authorisation of expenditure
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 29. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Periodic financial statements
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 30. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Annual report and accounts
\par }\pard \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6058544 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533\charrsid6058544 31. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891\charrsid6058544 
Audit controls
\par }\pard\plain \ltrpar\s41\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid272989 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid15824891 PART V }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 \endash }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891  SECURITY FOR ADVANCES 
\par }\pard\plain \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15824891 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid9853533 32. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Security for advances }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 
\par 33. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891 Repayment of advances}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15824891\charrsid3176470 
\par }\pard \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid1198733 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 34. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
Securities to be taken in name of Corporation
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 35. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Assignment of money as security may be irrevocable
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 36. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Alienation and assignment as security for advance
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9853533 37. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Assignments of money from land vested in trustees
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 38. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Advance to be paid as Corporation directs
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 39. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Charging order may be made
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 40. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Discharging of charging orders
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 41. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Appointment or receiver to enforce charges }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 
\par }\pard\plain \ltrpar\s41\qc \li0\ri0\sb240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid272989 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 PART VI }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid272989 - }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 GENERAL 
\par }\pard\plain \ltrpar\s44\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid1198733 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid1123302 42. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Contracts of Corporation
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 43. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Execution of documents
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 44. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Evidence of documents
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid272989 45. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Penalty for}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
misapplication of loan }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 46}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid272989 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  False statements
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 47. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Breach of Act or Regulations
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1123302 48. }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Regulations}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515 
\par }\pard\plain \ltrpar\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6058544 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 \fs24\lang3081\langfe1033\cgrid\langnp3081\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid1123302 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544\charrsid6058544 
\par }\pard\plain \ltrpar\s39\qc \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid1123302 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid6058544 1989, No. 24
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11369529 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 An Act to establish the Housing Corporation of the Cook}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Islands and to define its functions powers and duties
\par }\pard \ltrpar\s39\qr \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11369529 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (13 December 1989
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15563361 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
BE IT ENACTED by the Parliament of the Cook Islands in Session assembled, and by the authority of the same, as follows:
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 1\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid15563361 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Short Title}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15563361 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15563361 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 This Act may be cited as the Housing Corporation Act 1989.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 2\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid15563361 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Interpretation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15563361 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15563361 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In this Act, unless the context otherwise requires -
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid15563361 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 "Board" means the Board of Directors of the Cook Islands Housing Corporation.
\par {\listtext\tab}"Corporation" means the Housing Corporation of the Cook Islands established under this Act.
\par {\listtext\tab}"Housing purpose" means any purpose specified in section 17 of this Act.
\par {\listtext\tab}"Member of the Board" or "Director" or "Member" means a person appointed as a member of the Board of Directors of the Corporation under Section 3.
\par {\listtext\tab}"Minister}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 "}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  means the Minister responsible for the Housing Corporation.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13829009 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PART I
\par HOUSING CORPORATION OF THE COOK ISLANDS 
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 3\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid9859001 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Establishment of Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9859001 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9859001 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) There is hereby established the Housing Corporation of the Cook Islands.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9859001 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Corporation shall consist of a Board of Directors of not less than 3 nor more th}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9859001 a}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 n 7 members who shall be appointed by the Minister.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9859001 (3)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1519440  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The Minister shall appoint one of the Board members to be Chairman of the Corporation, and one to be Vice-Chairman.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1519440 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The Corporation shall be a body corporate with perpetual succession and a common seal and shall be capable of acquiring, holding and disposing of real and personal property, of suing and being sued and of doing and suffering all such acts and things a
s bodies corporate may lawfully do and suffer.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (5) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 All powers of the Corporation shall not be affected by any vacancy in its membership.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (6) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 No person shall be deemed to be employed in the service of Her Majesty for the purpose of the Public Service Act 19
75 by reason of his being a member of the Corporation.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 4\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6514881 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Term of office of members}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6514881 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Every member of the Board shall hold office for a term of one year but may from time to time be re-appointed.
\par (2) Notwithstanding anything in this Act every member whose office is terminated by effluxion of time shall continue to hold office until his successor is appointed.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 5\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6514881 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Extraordinary vacancies}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6514881 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Any member of the Corporation may resign his office at any time by written notice given to the Minister.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any member
 may at any time be removed from office by the Minister for disability, bankruptcy, neglect of duty, or misconduct proved to the satisfaction of the Minister.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 If any member dies or resigns his office by written notice given to the Minister or is remove
d from office the vacancy shall be deemed to be an extraordinary vacancy.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In the case of an extraordinary vacancy, the Minister may appoint any person to fill the vacancy.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 (5) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any member appointed to fill an extraordinary vacancy shall hold office only
 for the unexpired portion of the term of office of his predecessor.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 6\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6514881 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Meetings of Members}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6514881 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8127446 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The first meeting of the members of the Board shall be held on a day to be appointed by the Chairman.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Subsequent meetings shall be held at such times and pla
ces as the members or the Chairman may from time to time appoint. The Board shall meet at least once a month.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Chairman or any three members may at any time call a special meeting of the Board.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 At all meetings three members shall form a quorum.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446 (5) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The Chairman shall preside at all meetings at which he is present. In the absence of the Chairman from any meeting the Vice-chairman shall be Chairman of that meeting. In the absence of the Chairman,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 and the Vice-Chairman, the members present shall appoint one of their number to be Chairman of that meeting.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8127446 (6) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 At any meeting the Chairman shall have a deliberative vote and in the case of an equality of votes shall also have a casting vote.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6713273 (7) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 All questions arising at any Board meeting shall be decided by a majority of the valid votes of members recorded thereon.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6713273 (8) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Minister shall have the right to attend any meeting of the Board.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6713273 (9) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Subject to the provisions of this Act and of any regulations made thereunder the Board may regulate its procedure in
 such a manner as the Board members think, fit.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 7\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6713273 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Disqualification of members}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6713273 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6713273 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) A member of the Board shall not vote or take part in the discussion of any matter before the Board or before any committee thereof in }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 w}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 
hich he has directly or indirectly a pecuniary interest apart from any interest in common with the public provided that nothing in this section shall apply to any contract of insurance insuring members against personal accident.
\par (2) Any member who knowingly offends against this section shall be guilty of misconduct and a breach of this Act.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 8\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6713273 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Remuneration and allowances of members}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6713273 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6713273 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The members of the Board shall be paid out of the funds of the Corporation such remuneration and allowance as shall from time to time be determined by Order in Executive Council.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 9\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid14618212 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Manager of Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14618212 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid14618212 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board may appoint a manager or managers to discharge any or all of the functions or powers conferred on the Corporation by this Act.
\par (2) The Board may give to a manager in writing -
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid8001938 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8001938 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
General directions with respect to the policy to be followed regarding the exercise or performance by the manager of the functions or powers to be discharged; or
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid8001938 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Specific directions regulating the exercise or performance by
 the manager of any of the functions or powers of the Corporation under this Act or regulations made hereunder;
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8001938 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 and the Manager shall give effect to any such direction.
\par (3) The Board shall appoint a Secretary who shall be responsible for the safe custody of the common seal of the Corporation and such other functions and duties as shall be determined by the Board.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 10\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6632062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Other officers and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 employees of Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6632062 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11411837 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board may from time to time appoint such other officers and employees including acting or t
emporary or casual officers and employees as it thinks necessary for the efficient exercise of its functions and powers.
\par (2) Any person in the service of the Crown may be app6inted to be an officer or employee of the Corporation but no such person shall be
 entitled to hold office concurrently as an officer or employee of the Corporation and as a servant of the Crown except -
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid11411837 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In the case of a person subject to the}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid13848707  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Public Service Act 1975 with the consent of the Public Service Commissioner; and
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In any other case with the consent of Minister of the Crown to whose control he is subject. }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid13848707 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (3) Subject to the provisions of this Act, the Corporation may pay to its officers and employees such salaries and allowances as it thinks fit and may at any time remo
ve any officer or employee from his office or employment.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 11\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Agents of Corporation }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 With the consent}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
Minister, the Corporation may appoint an agent or agents for the purposes of collecting loan repayments and loan repayments deductions and other mon
ey, keeping accounts, recording information, and generally carrying out any of the functions of the Corporation, on such terms and conditions as to payment or otherwise as may be agreed between the Corporation and the agent.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 12\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Liability of members and officers}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
No Board member or officer of the Corporation shall be personally liable for any act or default done or omitted to be done in good faith under the provisions of this Act and any sums of money, damages or costs which may be recovered against them or a
ny one of them in respect of any such act or default shall be paid out of funds of the Corporation.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 13\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13848707 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Appointment of Committee and delegation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3935026 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13848707\charrsid3176470 Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 may from time to time appoint a Committee or Committees consisting of two or more pers
ons being members or officers of the Corporation and may from time to time delegate to any such Committee such of the powers or functions of the Corporation including the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid3935026\charrsid3176470 power}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026  }{\rtlch\fcs1 \af0\afs22 
\ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 delegation conferred by this section as it may think fit: }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid6058544 
\par }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 Provided that in no case shall any power \_}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid3935026 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026 i}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
) to acquire land or buildings; or
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026 (ii) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 to sell land or buildings vested in the Corporation; or
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026 (iii) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 to make advances }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3935026 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 be delegated to such a Committee.
\par (2) The Corporation may from time to time delegate any of its powers to any member, officer or employee of the Corporation including the power of delegation conferred by this section.
\par (3) Subject to any general or special directions given or conditions imposed by the
 Corporation or Committee or person to whom any powers are delegated as aforesaid the Committee or person to whom any powers are so delegated may exercise these powers in the same manner}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3935026  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 and with the same effect as if they had been conferred directly by this Act and not by delegation.
\par (4) Every Committee or person purporting to act pursuant to any delegation under this section shall be presumed to be acting in accordance with the terms of the delegation in the absence of proof to the contrary.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13637513 (5) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any delegation }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13637513 under }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 this section may b}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 e made to}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13637513  }{\rtlch\fcs1 \af0\afs17 \ltrch\fcs0 \insrsid5797515\charrsid3176470 a }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
specified person}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0\afs17 \ltrch\fcs0 \insrsid13637513 or to persons}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  of the specified class or}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid13637513  m}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 ay be made to the holder }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13637513 f}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 or the }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid13637513 tim}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13637513\charrsid3176470 e}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  being of }{\rtlch\fcs1 \af0\afs17 \ltrch\fcs0 \insrsid5797515\charrsid3176470 a }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid14905917\charrsid3176470 specifi}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14905917 ed }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 office or appointment or to th}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 e hol}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14905917 de}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 rs}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14905917  of offices}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid14905917 of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  appointment of a }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14905917 special}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  class.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14905917 (6) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any delegation under this section may be revoked at any time.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2830596 (7) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The delegation of any power by the Corporation or}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid681746  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 by any Committee or person shall not pr}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid681746 event}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  the exercise of that power by the Corporation }{\rtlch\fcs1 
\af0\afs17 \ltrch\fcs0 \insrsid5797515\charrsid3176470 or }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 as the case may require by that Committee or person.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid681746 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PA}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid681746 RT II}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par FUNCTIONS AND}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid681746 POWERS OF CORPORATION}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 14\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid7105419 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Functions of Corporation }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid681746 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid14817041 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The general functions of the Corporation shall be -
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid14817041 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14817041 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 To provide dwellings and improve ho}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6058544 
using in the Cook Islands; and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid66795 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid14817041 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To undertake housing, urban and rural development and renewal}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 both on its own account and on behalf of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid333996 Go}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 vernment Departments,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid333996  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 persons or bodies; and
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid14817041 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To give assistance to any persons in respect of any matters relating to housing, urban and rural development and renewal.
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15030904 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (2) Without limiting}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
the generality of subsection (1) the Corporation shall have the following functions \_}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid8668418 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (a)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
With the prior approval of Cabinet, to acquire}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 by lease or sublease any land or buildings and to develop the same as building est}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid6058544 ates for the benefit of persons}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  in need of housing assistance by the erection, construction, alteration,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 maintenance and improvement of dwellinghouses and flats, and the establishment and maintenance of gardens, recreation parks and other works for the enjoyment of such persons;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid16460318 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To sell, lease and otherwise dispose of land in}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the course of housing}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid15030904  and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 other urban}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
develo}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7700308 pment, improvements and renewal;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid15030904 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To make loans}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 for any purposes that are for the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15030904  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 time being approved in writing by Cabinet;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid2362896 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896 (d) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To make loans and grants for any other purposes that are authorised by this }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896 Act}{\rtlch\fcs1 \af0\afs17 \ltrch\fcs0 \insrsid5797515\charrsid2362896  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 or by any other}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid2362896 enactments.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid3176470\charrsid2362896  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid7700308 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7700308 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid2362896 (3) The Corporation shall also have}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7700308  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid2362896 
such other functions as are conferred on it by this Act: or by any other enactment.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 15\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid2362896 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Powe}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896 r}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 s of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896\charrsid3176470 Corporation}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid2362896 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2362896 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation shall have all the powers that are reasonably necessary or expedient to enable it to carry out its functions.
\par (2) Without limiting th}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896 e}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  generality of subsection (1) the Corporation shall have the following specific powers:
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid2362896 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2362896 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 To accept gifts o}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12540643 f}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470  leases}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12540643  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 or }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12540643\charrsid3176470 s}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid12540643 u}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12540643\charrsid3176470 bleases}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  of any land, money or other property;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12540643 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 To subdivide and develop any }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6031899 l}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 and acquired by or vested in it;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6031899 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 To acquire any dwelling-houses or flats suitable for the purposes of this Act;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid7699469 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6031899 (d) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To let or lease any land or building vested in it, including the leasing of any such land for}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6031899  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid7700308 p}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 urpose of the erection of any}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 sho}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid6031899 p}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6031899  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 recreation the erection}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid6031899  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of which would in the }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid6031899 
opinion of the Corporation be to the convenience or benefit of persons occupying houses vested in }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the Corporation, and to accept surrenders of any}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid6031899  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 leases;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid810021 {\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid6031899\charrsid12457157 (e) }{
\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid12457157 Subject to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the provisions of any enactment}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 applicable to the Corporation, to fix,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 regulate}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157  }{\rtlch\fcs1 
\af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid12457157 or make such charges as it determines from time }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 to }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid12457157 
time for the use of any }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 dwelling-house, flat, building or other facility provided, maintained, controlled or operated by the Corporation;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid2362896 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157 (f) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 With the prior approval of the Cabinet to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 ell or exchange any interest in land other than the }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid12457157 f}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 ee simple or buildings vested in it;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid12457157 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157 (g) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 With the prior approval of the Cabinet invest in any securities authorised by law for the time }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid7700308 being for the investment}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\insrsid5797515\charrsid12457157  of trust funds any }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12457157\charrsid12457157 m}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid12457157 oneys}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157  (whether capital or income) at any }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid12457157\charrsid12457157 time}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157 at the disposal of }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157 the }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid12457157\charrsid12457157 Corporation}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157  and not }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid12457157 
immediately required by the Corporation for the purchase of property or for the construction of buildings or making of advances or for other purposes authorised by this Act;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid15286668 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15286668 (h) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 To make advances from time to time in accordance with the provisions of this Act;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid10302388 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15286668 (}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 i)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 To make grants for housing assistance to such}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15286668  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 class or classes of persons subject to such}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15286668  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 restrictions}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 terms and conditions as may}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15286668  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 be prescribed in regulations;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid2572103 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
(j) To negotiate and enter into arrangements with and between private landowners and householders,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3891149  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 and }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\insrsid7700308 assist}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid6823975  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 by}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7700308 
advice }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 and otherwise the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 development of private housing conditions;}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid6823975 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (k) To }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975 purchase}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  plant, vehicles, machinery}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid7700308 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  equipme}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975 n}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
t, stores and building materials and accessories of any kind;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid15286668 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid6823975 l}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 ) To contract for the execution or provision by any person of any work or services authorised by }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 this or any other enactment to be executed or }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7700308 p}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 rovided by the Corporation in such manner and }{\rtlch\fcs1 
\af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid3176470 subject to such }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 terms and conditions as the }{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Corporation }{
\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid7700308 thinks fit}{\rtlch\fcs1 \af0\afs19 \ltrch\fcs0 \insrsid5797515\charrsid3176470 .
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid6823975 \hich\af0\dbch\af0\loch\f0 16\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6823975 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975 B}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 orrowing}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 powe}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975 rs
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6823975 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Corporation may from time to time with the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975  c}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
onsent of Cabinet, and subject to such terms and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6823975\charrsid3176470 conditions}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 as Cabinet determines, borrow money and issue debentures, or mortgage or charge any of its property or give such other security as the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6387110 lender}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 may require for the purpose of meeting any of its obligations or discharging any of its functions under this Act.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 17\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6387110 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Advances}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6387110 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6387110 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
Advances may be made from time to time to any Cook Islander or permanent resident of the Cook Islands (as defined in the Entry, Residence & Departure Act 1972) residing permanently or intending to reside permanently in the Cook Islands for the following p
urposes \_}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid6387110 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6387110 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The erection, repair, alteration or improvement of any dwelling and of all necessary outbuildings and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13790532  appurtenances attached thereto;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9519262 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The repair, alteration, improvement or installation in or in respect of any dwelling of a system of lig
hting, sanitation, water supply, or other conveniences;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9519262 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The purchase of any land or interest in land as a site for any dwelling;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9519262 (d) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The purchase of any house or building to be used as a dwelling;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9519262 (e) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The drainage, or works in relation to land development intended to be used as a site for any dwelling, where such drainage or works are preparatory to the construction of a dwelling.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 18\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid9519262 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Rates of interest}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9519262 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9519262 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The rates of interest to be charged upon any advances shall be fixed from time to time by the Corporation with the prior approval of Cabinet.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 19\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid3549589 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Participation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of Corporation in undertaking}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3549589 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8394118 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3549589  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
Corporation may with the approval of Cabinet participate in any undertaking with any person, firm, company or local authority for the provision of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid3549589  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
housing and in connection with such a scheme may - (i) Make advances from the funds of the Corporation to any such person, firm, company or local authority upon such terms as to repayment of principal and interest and subjec
t to such conditions, as it may deem expedient; (ii) Give, sell, lease or exchange any interest in land other than the fee simple vested in the Corporation to}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid8394118  }{\rtlch\fcs1 
\af0\afs21 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 any such person, firm, company or local authority;}{\rtlch\fcs1 \af0\afs21 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid3176470  }{\rtlch\fcs1 \af0\afs21 
\ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 (iii)}{\rtlch\fcs1 \af0\afs21 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid12662926  }{\rtlch\fcs1 \af0\afs21 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 Employ its funds and resources for the purpose of such an undertaking in such manner as it may think fit.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 20\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid3680018 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Corporation to implement policy}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of Government }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3680018 

\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3680018 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation shall give effect to the policy of the Government in relation to its functions and powers as directed by the Minister from time to time in writing.
\par (2) A copy of every policy directive given by the Minister in any financial year to the Corporation under subsection (1) shall be included in the annual report of the Corporation for that year laid before the Parliament under subsection (3) of section 28.

\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 21\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid3680018 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Vesting of property in Corporation }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3680018 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3680018 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0\afs22 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Her Majesty the Queen is hereby empowered to rent, transfer, assign or lease to the Corporation or in the name of the Corporation any land or interest in land (other than the fee simple
 in any land and land comprised in a public reserve) and any personal property, rights or privileges, vested in or held on behalf of the Crown and used or administered or to be used or administered for the purpose of or in connection with any housing proj
ect or town planning scheme subject to any lease, right, easement or interest subsisting in respect of the land or property at the date of the grant, transfer or assignment.
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11691043 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
(2) Any lease by the Crown pursuant to subsection (1) may be for such term and provide for such rent and other conditions as the Corporation with the prior written approval of the Minister may accept or approve.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 22\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid11691043 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Corporation may refer matters}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 for investigation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11691043 

\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11691043 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Corporation may from time to time appoint one or more persons to investi
gate and report to the Corporation on such matters as are referred to such persons by the Corporation for the purposes of the proper exercise of its powers or functions under this Act.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PART III}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 CAPITAL 
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 23\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Authorised capital}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The initial authorised capital of the Corporation shall be of an amount and divided into shares as shall be determined by the Queen}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470 '}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 s Representative by Order in Executive Council. The Queen}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470 '}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
s Representative may from time to time by Order in Executive Council increase the share capital of the Corporation to such amount as may be prescribed in the Order.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 24\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Subscription of shares}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation shall not allot any of its unissued shares to any person other than Her Majesty the Queen or a nominee holding the shares on behalf of Her Majesty.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
For the purposes of subsection (1), the Minister may hold and subscribe for shares on behalf of Her Majesty, and any statutory body in which the Government of the Cook Islands holds a continued controlling inter
est, or any ad-hoc body of Government may be a nominee of Her Majesty for the purpose of subscribing for and being allotted shares on Her Majesty}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470 '}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 s behalf.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The shares of the Corporation shall not be pledged or encumbered in any manner whatsoever and shall not without the prior approval of the Minister be transferred or assigned and then only on such terms and conditions as Cabinet may impose.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The liabilities of the shareholders shall be limited to the unpaid portion of the par value of shares for which they have subscribed.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PART IV
\par FINANCIAL PROVISIONS 
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 25\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid5861085 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Appropriation by Parliament}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5861085 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7801467 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) There shall be paid to the Corporation such sums of money as may be appropriated by Parliament from time to }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 time for }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the purposes of the Corporation.
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7299864 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (2) Where in any Appropriation Act or in
 any estimates of expenditure and revenue accompanying any Appropriation Act}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 for any year, any vote or item to which this section appl
ies is noted as being for a specified purpose, it shall not be competent for the Corporation to use the moneys so appropriated for any}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13790532  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
purpose other than that specified in the said Act or estimates save only that the moneys may be placed on interest bearing deposit with a bank pending the time w}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339 hen they will be required.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2164339 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339 (3) }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
Where }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 any appropriation is made for the purposes}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 of the Corporation, the Minister may direct the manner in which the moneys appropriated shall be paid to the Corporation and may require
 that any such appropriation be used first in payment of any debt due to the Public Account or to any account within the Public Account.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 26\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid2164339 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Housing Corporation accounts}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2164339 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation shall keep such bank account or accounts as may from to time be determined by the Board and approved by the Minister.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The Board shall from time to time by resolution authorise any person or persons to operate its accounts and may from time to time by resolution fix the maximum amount that may be drawn by such person or persons at any one time.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2164339 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 No money shall be withdrawn from any bank account except by cheque or other instrument (not being a promissory note or bill).
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 27\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid7868888 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Preparation of estimates}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7868888 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid12526312 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board shall}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
prepare and submit to the Minister for his approval annual estimates of receipts and expenditure, in such form as the Minister directs, covering the operations of the Corporation.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (2) The estimates may provide for finance by way of loan, the terms and conditions of which shall be subject to the approval of the Minister.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 28\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid12526312 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Authorisation of expenditure}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid12526312 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board shall be responsible for the authorisation of expenditure by the Corporation in the exercise of any of the functions and powers of the Corporation.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In the case of any funds appropriated to th
e Corporation by Parliament, the Board may authorise expenditure in accordance with such appropriation, and as between items of expenditure, may exercise a power of virement to an extent not exceeding 20% of the item to which funds are transferred.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In the case of other funds of the }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Corporation }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 not being appropriated by Parliament the Board may authorise expenditure in accordance with the estimates }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312\charrsid3176470 approved}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470  by }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Minister from time to }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 time and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 as between items of expenditure in those estimates may exercise a power of }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
virement to an }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 extent }{\rtlch\fcs1 \af0\afs25 \ltrch\fcs0 \insrsid5797515\charrsid3176470 not }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
exceeding 10% of the item to which funds are transferred.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 29\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid12526312 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Periodic financial statements}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid12526312 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13117842 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board shall prepare and submit to the Minister quarterly statements on the financial acti}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11486690 vities of the Corporation, the w}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid5797515\charrsid3176470 ork undertaken by the Corporation and the general business of the Corporation.
\par (2) Such quarterly statements shall be submitted to the Minister as may be directed by the Minister within such time limit but in any event not later than one month after}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13117842  }{\rtlch\fcs1 \af0\afs22 
\ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 the end of the quarter to which the statement applies.}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid3176470  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid11486690 
\par }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 (3)}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid13117842  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 The Board shall meet with the Minister as soon as practicable after the submission of each quarterly statement for the purpose of reviewing the activities, work and business
 of the Corporation.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 30\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13117842 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Annual report and accounts}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13117842 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13117842 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Board shall as soon as practicable after the end 
of each financial year, furnish to the Minister a report covering its activities for the year and including financial statements showing estimated and actual receipts and expenditure together with such accounts as are appropriate to the nature of its fina
ncial operations.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13117842 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
The financial statements required to be furnished to the Minister in accordance with subsection (1) shall be completed and available for examination in accordance with subsection (3) not later than four months after the end of the fina
ncial year to which they relate.
\par }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid13117842 (3) }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 The Accounts and financial statements of the Corporation}{
\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid3176470\charrsid3176470 '}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
s activities shall be presented for examination in conjunction with the audit required pursuant to Article 71 of the Constitution and a copy of the annual report 
shall be laid before Parliament as soon as practicable after the presentation to Parliament of the annual report of the Auditors.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 31\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13117842 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Audit controls}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13117842 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7145438 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) In addition to the audit of the financial accounts and statements of the Corporation by the Auditors as required by section 28
(3), the Minister may from time to time require an audit or investigation of the financial activities of the Corporation either generally or with regard to any specific function or activity of the Corporation.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Such audit or inves
tigation may be carried out by officers of the Treasury or such other person or persons as may be approved by the Minister.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 In the event of the Minister requiring such an audit or investigation the Corporation shall make available all the records, acco
unts and documents of the Corporation as are required for the purpose of the audit or investigation and permit access to its premises or places of business.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The cost of any such audit or investigation shall be a charge against the revenue of the Corporation.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7145438 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PART V 
\par SECURITY FOR ADVANCES
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 32\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid7145438 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Security for advances}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7145438 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation may make advances for any housing purpose upon any of the following classes of security, namely \_}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid7145438 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (a) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 A first charge on any leasehold interest in Native leasehold land or la
nd owned by Natives or descendants of Natives;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (b) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 A first charge on any interest in land under any vesting order made under Part II of the Cook Islands Amendment Act 1960}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686 ;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 A first charge on any interest in land under any occupation order;
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (d) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 An assignment of the proceeds of the alienation of Native freehold land or land owned by Natives or descendants of Natives;

\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (e) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
An assignment or other disposition of any money payable or to become payable, whether on account of the sale of fruit or vegetables or other produce of land or otherwise howsoever;
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid1135997 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7145438 (f) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Notwithstanding the provisions of Part XVI of the Cook Islands Act 1915, such other types of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1135997  }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 
\lang2057\langfe1033\langnp2057\insrsid5797515\charrsid1135997 security as may from time to time be prescribed.
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid1135997 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid1135997 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 If the Corporation is satisfied that the security for th
e advance is satisfactory and a first charge cannot be given, a second charge on any interest in land set forth in subsection (1).
\par Provided that the Corporation ma}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686 y}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470  in its discretion make an advance without security for any sum not exceeding such sum as th
e Minister may from tim}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686 e to time in writing direct.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1135997 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
For the purposes of determining whether an application for an advance should be granted, the Corporation shall not be bound to insist upon any fixed or definite margin of security.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 33\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid1135997 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Repayment of advances}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1135997 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid1135997 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid1135997 A}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
ll advances (including any reasonable charge for supervision which may be approved by the Corporation) with interest at the rate fixed under section 18 of this Act shall be a charge against the land in respect of which the advance is made, and s
hall be repayable at such time or times and in such manner as the Corporation from time to time determines, subject to any regulations made under this Act.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 34\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid1135997 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Securities to be taken in name of Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid1135997 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13130522 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Every security for an advance shall be taken in the name of the Corporation.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 35\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid13130522 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Assignment of money as security}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 may be irrevocable}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid13130522 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13130522 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Corporation may}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13130522  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
require any order on or assignment of money given as security for the repayment of any advanced to be
 expressed to be irrevocable, notwithstanding the death of the person giving the order or assignment and the order or assignment shall be irrevocable accordingly except with the consent in writing of the Corporation.
\par (2) Notwithstanding anything in any ena
ctment to the contrary, any company, corporate body, or person upon whom any notice of any such order or assignment has been served shall be bound to accept and to act upon the order or assignment and to pay to the person nominated in that behalf in the o
rder of assignment all money from time to time payable thereunder.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 36\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid15628062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Alienation and assignment as security for advance }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15628062 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15628062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Notwithstanding anything contained in sections 470 or 471 or 473 of the Cook Islands Act 1915, it shall be competent for any Native 
or descendant of a Native to alienate any Native freehold land or things growing on or attached to any such land or the rents and profits from any such land as security for any advance made by the Corporation for any housing purpose.
\par (2) Notwithstanding an
ything in the Property Law Act 1952 of the New Zealand Parliament; no power of sale shall be contained or implied in any charge given on any interest in land (not being a leasehold interest) to secure the repayment of any advance made by the Corporation f
or any housing purpose.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 37\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid9061266 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Assignments of money from land vested in trustees}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9061266 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9061266 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) For the purpose of securing the repayment of any advance made by the Corporation for any housing purpose, it shall be competent for any Native or descendant of a Native to give
 an order on or an assignment of th}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9061266 e proceeds of the alienation of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 any land (including compensation money for land taken) whether the land is vested in a trustee or not.
\par (2) Any such order or assignment shall be valid and enforceable for all purposes, notwithstanding the provisions of section 464 of the Cook Islands Act 1915 or of any other enactment.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 38\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid9061266 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Advances to be paid as Corporation directs}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9061266 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid9061266 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Every advance shall be expended or applied by the Corporation, or at its direction, for any one or more housing 
purposes for the benefit or on behalf of the applicant, and, unless the Corporation otherwise determines, shall not be paid direct to the applicant.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 39\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid16272336 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Charging order may be made}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16272336 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid16272336 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Notwithstanding}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16272336  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 anything in section 470 of the Cook Islands Act 1915, where a}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid16272336  }{\rtlch\fcs1 \af0\afs21 \ltrch\fcs0 \lang2057\langfe1033\langnp2057\insrsid5797515\charrsid3176470 
charge on any interest in land has been given as security for the repayment of any advance, the High Court, on proof to its satisfaction that the advance is to be made or has been made, may make an order charging the land or any interest therein with 
repayment of the amount advanced with interest at the rate fixed under section 18 of  this Act, and by such instalments and with such directions for giving effect to the charge as the Court thinks expedient.
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6189319 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (2) The certificate of the Corporation shall for
 all purposes be prima facie proof of t}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6189319 h}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
e amount of the advance and of the rate of interest payable, and may be accepted by the Court accordingly.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6189319 
\par (3) }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Court may make a further order varying any former order in re}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \insrsid16019686 spect of any additional advance}{\rtlch\fcs1 \af0\afs22 
\ltrch\fcs0 \insrsid5797515\charrsid3176470  or by w
ay of apportioning charges in such manner as it thinks expedient or for any other purpose it thinks fit, and every subsequent order shall supersede all prior charging orders so far as it is inconsistent therewith. Where any charge is apportioned, each por
tion shall be deemed to be a separate charge.
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6189319 (4) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
Every order made under the provisions of this section shall be registered or recorded, as the case may require, in such manner as the Court directs.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 40\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6189319 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Discharging of charging orders}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6189319 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6189319 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The Land Court may at any time, on the application of the Corporation wholly or partially discharge any charging order made under section 39 whether or not the money secured by the charge has been repaid.

\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 41\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid6189319 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Appointment}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 of receiver to enforce charges}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid6189319 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid6189319 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) When by section 37 of thi
s Act any charging order has been made in respect of any land or any interest therein, or upon the revenues thereof or the proceeds of the alienation thereof, the High Court may at any time and from time to time, for the purpose of enforcing that charge, 
appoint a receiver in respect of the property so charged.
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11927955 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11927955 (2) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
A receiver appointed under this section shall have all such rights, powers, duties and liabilities as may be expressly conferred or imposed on him by the Court and such other incidental powers as may be reasonably necessary }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid11927955\charrsid3176470 for}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
 the exercise of the powers so conferred. Provided that a receiver appointed under this section shall not have power to sell any Native land, or to lease any such land otherwise than as provided in subsection (3).
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11927955 (3) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
Notwithstanding any of the provisions of the Cook Islands Act 1915 as to the alienation of Native land, a receiver appointed under this section for the purpose of enforcing a charge may, in his own name and with the leave of exceeding twenty one years, on
 such conditions and for such rent or other consideration as he thinks fit.
\par }\pard\plain \ltrpar\s45\qc \li0\ri0\sb240\sa120\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid11927955 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 PART VI }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11927955 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 GENERAL 
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 42\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid11927955 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Contracts of Corporation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid11927955 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2249544 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Any contract which, if made between private persons must be by deed shall, if made by the Corporation, be in writing under the common seal of the Corporation.
\par (2) Any contract which, if made between private persons, must be in writing signed by the parties to be charged therewith shall, if made by the Corporation, be either under the common seal of the Corporation or signed on behalf 
of the Corporation by the Chairman of the Corporation or by any member of the Corporation authorised in that behalf by the Chairman.
\par }{\rtlch\fcs1 \af0\afs21 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (3) Any contract which, if made between private persons, may be made orally may be similarly made by or on behalf of the C
orporation by any person acting under its authority, expressed or implied.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 43\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid2249544 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Execution of documents}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2249544 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2249544 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) Every document to which the common seal of the Corporation is affixed shall be signed by the Chairman of the Board and shall be counter-signed by another member of the Board.
\par }\pard \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15279096 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
(2) Any document which, if executed by a private person, would not require to be executed as a deed may be signed on behalf of the Corporation by the Chairman or by any member of the Board authorised in that behalf by the Chairman.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 44\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid15279096 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Evidence of documents}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15279096 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15279096 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Every document purporting to be a document executed by or on behalf of the Corporation in a manner provided in section 42 shall be received in 
evidence and be deemed to be so executed in the absence of proof to the contrary.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 45\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid15279096 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Penalty for misapplication of loan}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid15279096 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid15279096 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any person who knowingly applies any loan or part thereof made to him under the provisions of this Act to any purpose other than that au
thorised by the Corporation shall be guilty of an offence and on conviction shall be liable to a fine not exceeding $500 or to impris}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686 onment for a term not exceeding}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470  six months, or to both such fine and imprisonment.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 46\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 False statements}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid10116145 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Any applicant for a
ssistance from the Corporation by way of loan or otherwise who wilfully fails to disclose any material information within his knowledge, or who wilfully makes any statement which he knows to be false or does not believe to be true shall be guilty of an of
fence and on conviction shall be liable to a fine not exceeding $200 or to imprisonment for a term not exceeding three months, or to both such fine or imprisonment.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 47\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Breach of Act or Regulations}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid10116145 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Every person who commits or attempts to commit or}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid10116145  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 is convict
ed of committing or attempting to commit }{\rtlch\fcs1 \ab\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 a }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
breach or violation of the provisions of this Act or of any regulations made under this Act for which no special penalty is provided, is liable for every offence to a fine not exceeding $200.
\par {\listtext\pard\plain\ltrpar \s46 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \b\dbch\af0\insrsid5797515\charrsid3176470 \hich\af0\dbch\af0\loch\f0 48\tab}}\pard\plain \ltrpar\s46\ql \fi-879\li879\ri0\sb240\sa120\widctlpar
\jclisttab\tx879\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin879\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 Regulations}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid10116145 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (1) The Queen}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid3176470\charrsid3176470 '}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
s Representative may from time to time by Order in Executive Council, make all such regulations as may, be deemed necessary or expedient for giving full effect to the provisions of this Act and for the due administration thereof.
\par (2) Without limiting the general power conferred by subsection (1), it is hereby declared that regulations may be made under this section relating to the following sections }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid10116145 \endash 
\par {\listtext\tab}}\pard\plain \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid10116145 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (a) Fixing and from time to time varying the number of persons who may occupy any dwelling-house or flat }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid16019686 which is let by the Corporation;}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \insrsid2229014\charrsid2229014 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2229014 (b) }{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \insrsid5797515\charrsid3176470 The use of the dwelling-houses and flats let by the Corporation with a view to the prevention of}{\rtlch\fcs1 
\af0\afs22 \ltrch\fcs0 \insrsid16019686  nuisances and sanitary defects;}{\rtlch\fcs1 \af0\afs22 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}\pard \ltrpar\s21\ql \li1440\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\ls18\outlinelevel0\adjustright\rin0\lin1440\itap0\pararsid2229014 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2229014 (c) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid5797515\charrsid3176470 The inspection of buildings and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686  land vested in the Corporation;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2229014 (d) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Prescribing the forms of mortgages, charge}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid16019686 s, leases and other instruments;}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 
\par {\listtext\tab}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid2229014 (e) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 Prescribing offences against the regulations and fixing penalties.
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2229014 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 (3) All regulations made under this section shall be laid before Parliament within fourteen days after the da
te of the making thereof if Parliament is then in session and, if not, shall be laid before the Parliament within fourteen days after the commencement of the next ensuing session.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515 
\par }\pard\plain \ltrpar\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13657207 \rtlch\fcs1 \af0\afs24\alang1025 \ltrch\fcs0 \fs24\lang3081\langfe1033\cgrid\langnp3081\langfenp1033 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid13657207 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13657207\charrsid13657207 
\par }\pard\plain \ltrpar\s39\ql \li0\ri0\sb240\sa240\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2229014 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\rtlch\fcs1 
\af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 This Act is administered by the Housing Corporation of the Cook Islands.
\par RAROTONGA, COOK ISLANDS: Printed under the authority of the Cook Islands Government, by T.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid13657207  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid5797515\charrsid3176470 KAPI, Government Printer - 1989
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