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Short Title and commencement }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 2. Special exemption for savings or deposits with banks}{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid5974473 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 _________}{\fs24\lang2057\langfe1033\langnp2057\insrsid5974473 ________________}{ \fs24\lang2057\langfe1033\langnp2057\insrsid11027219 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6883060 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11027219 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 2007, No. 11 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6883060 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 An Act to amend the Income Tax Act 1997 by extending the special exemption from income tax on savings or deposits with banks \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }\pard \qr \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11027219 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 (26 June 2007 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6883060 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 BE IT ENACTED}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 by the Parliament of the Cook Islands in Session assembled, and by the authority of the same as follows:}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 . }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 Short Title and commencement}{ \fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 - (1) This Act may be cited as the Income Tax Amendment Act 2007 and shall be read together with and deemed part of the Income Tax Act 1997 (hereinafter referred to as "the principal Act").}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 (2) This Act shall be dee}{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 med to have come into force on 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 January}{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 2007.}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 2. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid11027219 Special exemption for savings or deposits with banks}{ \fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 - Subsection (1) of section 41 of the principal Act (as amended by section 4 of the Income Tax Amendment Act 2002) is amended b y deleting the words - "that ends on or before 31 December 2006".}{\fs24\lang2057\langfe1033\langnp2057\insrsid6883060 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11027219 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219 _______________ \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6883060 {\fs24\lang2057\langfe1033\langnp2057\insrsid11027219\charrsid6883060 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11027219 {\fs24\lang2057\langfe1033\langnp2057\insrsid6883060\charrsid6883060 This Act is administered by the Ministry of Finance and Economic Management \par }}