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{\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11874298 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid4333062 COOK ISLANDS}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid11874298 
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11874298 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid11874298 INCOME TAX AMENDMENT ACT 2001
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11874298 {\fs24\lang2057\langfe1033\langnp2057\insrsid11874298\charrsid6056982 ANALYSIS
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\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 Title}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
\par 1. Short Title and commencement}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 2. Certain deductions not permitted
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6379776 {\fs24\lang2057\langfe1033\langnp2057\insrsid4333062 -------------}{\fs24\lang2057\langfe1033\langnp2057\insrsid8682964 ------------}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6379776 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 2001, No. 1
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\par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8682964 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 An Act to amend the Income Tax Act 1997
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\par }\pard \qr \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6379776 {\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 (11 April 2001
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\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 BE IT ENACTED}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
 by the Parliament of the Cook Islands in Session assembled and by the authority of the same as follows:}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
\par 1.}{\fs24\lang2057\langfe1033\langnp2057\insrsid11874298  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 Short}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11874298\charrsid6379776  }{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 Title and commencement}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298  - (1) This Act may be cited as the Income Tax Amendment Act 2001 and shall be read togeth
er with and deemed part of the Income Tax Act 1997 ("the principal Act").}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
\par (2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid11874298  }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 This Act shall be deemed to have come into force on the }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 1}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 st day of January}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776  }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 1999.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
\par 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid11874298  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid6379776 Certain deductions not permitted}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 Section 5}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 9(k) of the principal Act is amended by }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 \endash 
\par 
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\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 inserting in subparagraph (iii) after the num}{\fs24\lang2057\langfe1033\langnp2057\insrsid2778322 erals "44", the word}{\fs24\lang2057\langfe1033\langnp2057\insrsid8682964  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid2778322 ";}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776  and";
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\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 new paragra}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 ph }{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 \endash 
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\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 the recipien}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 t of the dividend is not exempt}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 
 from tax in respect of the dividend."}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6379776 {\fs24\lang2057\langfe1033\langnp2057\insrsid4333062 -----------------------------------}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379776 
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6379776 {\fs24\lang2057\langfe1033\langnp2057\insrsid6379776\charrsid11874298 This Act is administered by the Ministry of Finance and Economic, Management.
\par }}