{\rtf1\ansi\ansicpg1252\uc1\deff0\stshfdbch0\stshfloch0\stshfhich0\stshfbi0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};} {\f185\froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f186\froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f188\froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};} {\f189\froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\f190\froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f191\froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};} {\f192\froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f193\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;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0; \red128\green128\blue128;\red192\green192\blue192;}{\stylesheet{\ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{\*\cs10 \additive \ssemihidden Default Paragraph Font;}{\* \ts11\tsrowd\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \snext11 \ssemihidden Normal Table;}}{\*\latentstyles\lsdstimax156\lsdlockeddef0}{\*\rsidtbl \rsid204166\rsid609566 \rsid859523\rsid1063595\rsid1600753\rsid1780513\rsid3029959\rsid3219746\rsid4337558\rsid4394649\rsid4614473\rsid4935469\rsid5781413\rsid5966667\rsid6753846\rsid7015868\rsid7429725\rsid8027286\rsid8328687\rsid8455555\rsid9648583\rsid10487797\rsid10511126 \rsid12326827\rsid12392715\rsid12796708\rsid12869890\rsid12980253\rsid13698517\rsid13715196\rsid14642153\rsid15027758\rsid16196435\rsid16655288}{\*\generator Microsoft Word 11.0.5604;}{\info{\author ruddley_e}{\operator ruddley_e} {\creatim\yr2007\mo10\dy22\hr13\min38}{\revtim\yr2011\mo10\dy26\hr9\min13}{\version29}{\edmins402}{\nofpages6}{\nofwords3179}{\nofchars18126}{\*\company scims}{\nofcharsws21263}{\vern24689}}\margl1440\margr1440 \widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\subfontbysize\hyphcaps0\formshade\horzdoc\dghspace120\dgvspace120\dghorigin1701\dgvorigin1984\dghshow0\dgvshow3 \jcompress\viewkind5\viewscale100\pgbrdrhead\pgbrdrfoot\nolnhtadjtbl\rsidroot13698517 \fet0\sectd \linex0\sectdefaultcl\sftnbj {\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2\pnucltr\pnstart1\pnindent720\pnhang {\pntxta .}} {\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (} {\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid8455555 COOK ISLANDS \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8455555 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid8455555 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 LEASES RESTRICTIONS (AMENDMENT) REGULAT}{ \b\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 IONS 2006}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \qr \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Queen}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s Representative \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 ORDER IN EXECUTIVE COUNCIL \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 At Avarua, Rarotonga this}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 1}{ \fs24\lang2057\langfe1033\super\langnp2057\insrsid6753846\charrsid1063595 st}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 day of February 2006}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 Present: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 HIS EXCELL}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 ENCY THE QUEEN}{ \b\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 S REPRESENTATIVE \par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 IN EXECUTIVE COUNCIL \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 PURSUANT}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 to section 13 of the Leases Restrictions Act 1976 as amended by the Leases Restrictions Amendment Act 2005, His Excellency the Queen}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s Representative acting by and with the advice and consent of the Executive Council hereby makes the following regulations. \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\fs24\lang2057\langfe1033\langnp2057\insrsid4935469 ____________}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid6753846 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid6753846 ANALYSIS \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 1. Title and commencement \par 2. Interpretation \par 3. New heading inserted}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid16196435 {\fs24\lang2057\langfe1033\langnp2057\insrsid16196435 \par "}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid16196435 PART 1 PROCEDURE}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16196435 "}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid16196435 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid16196435 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 4. New heading inserted}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4337558\charrsid859523 \par }\pard \ql \fi720\li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16196435 {\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16196435 "}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4337558 PART 2 CRITERIA TO BE }{ \b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid13715196 APPLIED BY THE TRIBUNAL}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16196435 "}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16196435 {\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16196435\charrsid4337558 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 5. New regulations added -}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid13715196 {\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid4337558 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 17. Criteria to be applied by the}{\fs24\lang2057\langfe1033\langnp2057\insrsid4337558 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Tribunal}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid13715196 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 18. Restrictions against alienation of}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 land to certain persons \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 19. Approval may be given in certain}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 cases} {\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 20. Requirement for certificate of}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 explanation in Cook Islands}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 Maori}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 21. Approval}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 dependent}{ \fs24\lang2057\langfe1033\langnp2057\insrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 upon}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 holding of meeting of assembled}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 owners}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par 22. }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 Application to be reconsidered or}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid6753846 }{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846\charrsid859523 adjourned if opposed by owner}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725\charrsid859523 23. Alienation complies with Cook}{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725\charrsid7429725 }{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725\charrsid859523 Islands Act 1915}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725\charrsid859523 24}{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725\charrsid13715196 . Monetary consideration and}{\fs24\lang2057\langfe1033\langnp2057\insrsid7429725 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 annual rental to comply with Property Law Act 1952}{\fs24\lang2057\langfe1033\langnp2057\insrsid6753846 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 25. Owners to be given first right of}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 refusal in lease \par 26. Specific purposes to be stated in}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 lease \par 27. Approval to be refused if land}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 required for family needs \par 28. Breach of condition in head lease}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 may bar approval \par 29. Approval of mortgage \par 30. Approval may be refused unless}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 final}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 document}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 executed}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 by}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 parties \par 31. Confirmation by the Land Court}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 required \par 32. Approval to be granted pursuant}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 to Registrar}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s sale \par 33. No approval for assignment or sublease before 10 years of term of lease}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 34. Right of person to be heard}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 35. Tribunal}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 may}{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 request}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 further}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 information}{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 36. Tribunal may hold sittings in any}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 of the islands of the Cook Islands}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 37. Approval pursuant to the Unit}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 Titles Act 2005}{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 38. No right of renewal}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 39. Removal}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 of improvements}{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 at}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 expiry of lease}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 40. Improvements to be left in good}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid13715196 }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 state of repair}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 6. Revocation}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 7. Savings}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 8. Amendment to Schedule 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16196435 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid13715196 {\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 __}{\fs24\lang2057\langfe1033\langnp2057\insrsid4337558 ___________}{ \fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid13715196\charrsid859523 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid13715196 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid13715196 REGULATIONS \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid13715196 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 1.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid13715196 Title and commencement}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (1)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 These regulations may be cited as the Leases Restrictions (Amendment) Regulations 2006 and shall be read together with and deemed part of the Leases Restrictions Regulations 1977 (}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the principal Regulations}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 ). \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3029959 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 These regulations shall come into force on the day that they are assented to by the Queen}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s Representative except that in relation to leases pursuant to the Unit Titles Act 2005 these regulations shall be deemed to have come into force on 14 October 2005. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 Inte}{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid1600753 rp}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 retation}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - (1) In these Regulations unless }{\fs24\lang2057\langfe1033\langnp2057\insrsid9648583 the context otherwise requires}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Act}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means the Leases Restrictions Act 1976; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 assembled owners}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means with respect to any owners in the land assembled tog}{\fs24\lang2057\langfe1033\langnp2057\insrsid3029959 ether in a meeting called and h}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 eld in accordance with these Regulations; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 common property}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means common property as defined in section 2 of the Unit Titles Act 2005; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Development Investment Board}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means the Development Investment Board created pursuant to section 5 of the Development Investment Act 1995-96; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 enterprise}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means any person carrying on any activity as defined in the Development Investment Act 1995-96 or }{ \fs24\lang2057\langfe1033\langnp2057\insrsid8328687 proposing to carry on business;}{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 foreign enterprise}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid9648583 means}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 In the case of an enterprise that is }{\fs24\lang2057\langfe1033\langnp2057\insrsid9648583 a body corporate, an enterprise}{\fs24\lang2057\langfe1033\langnp2057\insrsid12869890 \endash }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12869890 {\fs24\lang2057\langfe1033\langnp2057\insrsid12869890\charrsid859523 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (i)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 in which one third of the voting shares or power is held or controlled by persons who are not Cook Islanders; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (ii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 in which one third or more of the value or number of the shares are beneficially owned or controlled by pers}{\fs24\lang2057\langfe1033\langnp2057\insrsid12869890 ons who are not Cook Islanders; }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (iii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 that does not have its central management or control in the Cook Islands: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 In the case of an enterprise other than a body }{\fs24\lang2057\langfe1033\langnp2057\insrsid9648583 corporate, an enterprise}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (i)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 in which one third or more of the members or partners are not Cook Islanders; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (ii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 in which one third or more of the beneficial ownership of which is owned by persons who are not Cook Islanders; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 owner}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 in relation to any area of land means the persons who are beneficially entitled to that land in fee simple as tenants in common whethe r legal or equitable and includes but not to the exclusion of the persons entitled in remainder, the owner of a beneficial freehold interest for life or any other beneficial freehold interest less than the fee simple in any land or in any interest therein and }{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 owners}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 has a corresponding meaning; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 permanent resident}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means a permanent resident pursuant to section 5 of the Entry, Residence and Departure Act 1971-72; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 unit plan}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means a unit plan pursua}{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 nt to the Unit Titles Act 2005; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Registrar}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 means the Registrar of the High Court of the Cook Islands. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 3.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 New heading inserted}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The principal regulations are hereby amended by inserting after regulation 2 and before regulation 3 the heading- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid1600753 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid1063595\charrsid3219746 \'93}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid9648583 PART 1 \par }{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid9648583 PROCEDURE}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1063595\charrsid9648583 \'94}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid9648583 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid9648583 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 4.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid1600753 New}{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 heading inserted}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The principal regulations are hereby amended by inserting afte}{ \fs24\lang2057\langfe1033\langnp2057\insrsid9648583 r regulation 16 the new heading}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1063595\charrsid9648583 \'93}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid9648583 PART 2 \par }{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid9648583 CRITERIA TO BE APPLIED BY THE TRIBUNAL}{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1063595\charrsid9648583 \'94}{ \b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid9648583 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1600753\charrsid9648583 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 5.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 New regulations inserted}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The principal regulations are hereby amended by inserting after regulation 16 and before regulation 18 the following new regulations- \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 17.}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 Criteria to be applied by the Tribunal}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid3219746 -(1)}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Before}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Tribunal makes a decision on any application for approval of a lease, su blease, assignment of lease or assignment of sublease it shall apply the criteria set out in these Regulations. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 18.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 Restrictions against alienation of land to certain persons}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease or sublease or assignment by will or otherwise of any lease or assignment by will or otherwise of any sublease to: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1600753 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 A person who is not a Cook Islander; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 A person who is not a permanent resident. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 19.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid1600753 Approval may be given in certain cases}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal may grant approval to any l ease or sublease or assignment of lease or assignment of sublease to: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Any person who is not a Cook Islander if that person is the spouse of a Cook Islander; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The Cook Islander spouse is joint owner in the deed for the transaction sought to b}{\fs24\lang2057\langfe1033\langnp2057\insrsid609566 e approved by the Tribunal; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid609566 {\fs24\lang2057\langfe1033\langnp2057\insrsid609566 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Express provision is made in the deed document for the transaction that in the event of the Cook Islander spouse predeceasing the non-Cook Islander spouse the approval of the Lessors under the head lease sha}{ \fs24\lang2057\langfe1033\langnp2057\insrsid609566 ll be obtained for the non-Cook}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Islander}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s interest for the unexpired term of the leasehold interest to continue and where such deceased Cook Islander spouse and such surviving non-Cook Islander spouse have together issue surviving then such issue shall be come co-owners of the leasehold interest with the non-Cook Islander spouse until the expiry of the lease; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (d)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Any person who is not a Cook Islander if the High Court or Court of Appeal so orders; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (e) Any Company whose memorandum or articles are reg istered in the Cook Islands pursuant to section 26 of the Companies Act 1970-71 if- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (i)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 not less than 55% of the shareholding in the Company or not less than 51% of the controlling interest in the company is held by one or more Cook Islanders or permanent residents; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (ii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 provision is made that no transfer shall be made of the local shareholding during the period of five (5) years from the date o}{\fs24\lang2057\langfe1033\langnp2057\insrsid609566 f approval of the Tribunal; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid609566 {\fs24\lang2057\langfe1033\langnp2057\insrsid609566 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (iii) approval is not being sought for residential purposes; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (f)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Any enterprise or foreign enterprise registered in the Cook Islands pursuant to the provisions of the Development Investment Act 1995-96 if- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (i)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 a certificate has been issued by the Development Investment Board pursuant to section 19 of the Development Investment Act 1995-96 and given to}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1600753 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the Tribunal certifying that the enterprise or foreign enterprise has been}{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 registered under that Act; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (ii)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 provision is made that no transfer shall be made of the local shareholding during the period of five (5) years from the date o}{\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 f approval of the Tribunal; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }\pard \ql \li2160\ri0\nowidctlpar\faauto\adjustright\rin0\lin2160\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (iii) approval is not being }{\fs24\lang2057\langfe1033\langnp2057\insrsid5966667 sought for residential purposes.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid1600753 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid609566 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 0.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid10487797 Requirement for Certificate of explanation in Cook Islands Maori}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease or sublease or assignment of lease or assignment of sublease where one of the parties to the transaction is a Cook Islander unless }{\fs24\lang2057\langfe1033\langnp2057\insrsid15027758 the Tribunal is satisfied that-}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid10487797 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The nature and extent of the transaction and the implication of, the provisions of the deed document for the transaction has been explained to that Cook Islander in the Cook Islands Maori language by an officer of the High Court approved in writing by the Secretary of Justice or the Registrar to be competent for the purpose; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid10487797 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 An appropriate certificate duly signed to th}{\fs24\lang2057\langfe1033\langnp2057\insrsid7015868 at effect by the person who carri}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 ed out the explanation has been endorsed on the document; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid10487797 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The person to whom the explanation in Cook Islands Maori has been given was not held responsible for the cost of providing that explanation but that cost is met by the party or their representative who requires the transa}{ \fs24\lang2057\langfe1033\langnp2057\insrsid5781413 ction to be recorded in English;}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid10487797 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (d)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The alienation complies with the provisions of section 475 of the Cook Islands Act 1915. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid10487797 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid4614473 21. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid4614473 Approval dependent upon holding of meeting of assembled owners}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid4614473 - The Tribunal shall not approve any sublease or assignment of lease or assignment of sublease unless it is satisfied upon written evidence being produced by the applicant certifying}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 that a meeting of assembled owners resident on the island on which the land is situated has been held and that the assembled owners have by consensus consented to the transaction. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid4614473 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 22.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid8027286 Application to be reconsidered or adjourned if opposed by owner}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -Where any of the owners in the land concerned opposes the transaction the Tribunal shall not approve any lease or sublease or assignment of lease or assignment of sublease except that the Tribunal may- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid4614473 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Reconsider the application if the Tribunal deems the objection to be valid and reasonable; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid4614473 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Adjourn the application upon such conditions as the Tribunal may impose to allow the opposition to the application to be disposed of or settled between the parties. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid4614473 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 23.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid4614473 Alienation complies with Cook Islands Act 1915}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease or assignment o f lease or assignment of sublease unless the Tribunal is satisfied upon the provision by direction or otherwise of such relevant information as may assist the Tribunal, that- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The mode of execution of the instrument of alienation is in conformity with the Cook Islands Act 1915; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The alienation is not contrary to equity or good faith or to the interests of the persons alienating or to the public interest; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 24.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Monetary consideration, annual rental}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease or assignment of lease or assignment of sublease unless the Tribunal is satisfied upon the provision by direction or otherwise of such relevant information as may assist the Tribunal, that- \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 Any monetary consideration paid and annual rental payable to the owners in the land are adequate fair and reasonable and comply with section 482 of the Cook Islands Act 1915; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 In the case of an enterprise or foreign enterprise the monetary consideration paid and annual rental payable to the owners in the land complies with section 106A of the Property Law Act 1952 as it applies in the Cook Islands. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8027286 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 25}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 . }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid4394649 Owners or Cook Islanders to be gi}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 ven first right of refusal in lease}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -The Tribunal shall not approve any sublease or assignment of lease or assignment of sublease unless the deed for the transacti}{\fs24\lang2057\langfe1033\langnp2057\insrsid1780513 on expressly provides for}{\fs24\lang2057\langfe1033\langnp2057\insrsid204166 - \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid4394649 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the owners in the land residing on the island on which the land is situated to be given first notice of any intended assignment or subletting and first option to purchase or}{ \fs24\lang2057\langfe1033\langnp2057\insrsid4394649 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 refuse to purchase such assignment or subletting and the Tribunal is satisfied that s}{ \fs24\lang2057\langfe1033\langnp2057\insrsid204166 uch provision is reasonable; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 a Cook Islander residing in the Cook Islands to be given first right of refusal where there are no owners in the land residing on the island on which the land is situated willing to purchase such assignment or sublet ting and the Tribunal is satisfied that the lessee has made reasonable attempts to give notice of the intended assignment or subletting and the Tribunal is satisfied that such provision is reasonable. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 26.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Specific pu}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid204166\charrsid204166 rp}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 oses to be stated in the lease} {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease or assignment of lease or assignment of sublease unless the purpose for the lease, sublease, assignment of lease or assignment of}{ \fs24\lang2057\langfe1033\langnp2057\insrsid204166 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 sublease is explicitly stated in the deed of lease and the Tribunal shall refus e approval if the purpose is vague or too general or is not specific. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 27.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Approval to be refused if land required for family needs}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease or assignment of lease or assignment of sublease if the Tribunal is sat isfied upon the provision by direction or otherwise of such relevant information as may assist the Tribunal, that within five years of the date of application the land would be required for the needs of the owners in the land and their families. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 28.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Breach of condition in head lease may bar approval}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease or assignment of le}{\fs24\lang2057\langfe1033\langnp2057\insrsid4394649 ase or assignment of sublease if}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 there is or has been a breach by the lessee of any of the conditions under the head lease unless proof is produced to the Tribunal that the breach has been made good. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 29.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Approval of mortga}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid204166\charrsid204166 g}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 e}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal may approve the mortgage over any leasehold land if the Tribunal is satisfied that: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The mortgagor understands the nature and extent of the mortgage transaction and in the case of a mortgagor who is a Cook Islander the implication of the provisions of the mortgage document have been explained to that mortgagor in the Cook Islands Maori language by an}{ \fs24\lang2057\langfe1033\langnp2057\insrsid204166 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 officer of the High Court approved in writing by the Secretary of Justice or the Registrar to be competent for the purpose; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 An appropriate certificate duly signed to that effect by the person who carried out the explanation has been endorsed on the document; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The person to whom the explanat ion in Cook Islands Maori has been given was not held responsible for the cost of providing that explanation but that cost is met by the party or their representative who requires the mortgage document to be recorded in English; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (d)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The mortgagor has the ability to }{\fs24\lang2057\langfe1033\langnp2057\insrsid204166\charrsid859523 fulfil}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the obligations imposed under the mortgage and that the terms and conditions of the mortgage are not onerous and are fair and reasonable on the mortgagor. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 30.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Approval may be refused unless final document executed Parties}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal may not approve any lease or sublease or assignment of lease or assignment of sublease unless the original and final deed or document for}{\fs24\lang2057\langfe1033\langnp2057\insrsid204166 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the transaction has been duly signed and/or executed by one of the parties thereto and produced to the Tribunal. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 31.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Confirmation by the Land Court required}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - No signed or executed lease or sublease or assignment of lease or assignment of sublease pursuant to regulation 30 of these Regulations shall have any force or effect unless it is confirmed by the Land Court pursuant to section 477 of the Cook Islands Act 1915. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 32.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Approval to be granted pursuant to Registrar}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 s sale }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall approve the assignment of any lease if such assignment is being made pursuant to a Registrar}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \rquote }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 s sale and providing such assignment complies with the Leases Restrictions Act 1976 and the Leases Restrictions Regulations 1977. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 33.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 No approval for assignment or sublease before 10 years of term of lease}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid1780513 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid1780513 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The Tribunal shall not approve any sublease or assignment of any le ase unless 10 years from the date of commencement of the lease or sublease has expired except that the Tribunal may approve any sublease or assignment of any lease before the expiry of 10 years from the date of commencemen}{ \fs24\lang2057\langfe1033\langnp2057\insrsid1780513 t of the lease or sublease when}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The consent of the owners residing on the island on which the land is located and to which the application relates has been given; or \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The Tribunal is satisfied that there are sufficient reasons for such approval to be given. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 34.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Right }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid12326827 o}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 f person to be heard}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - Any person who has any interest in the land that is the subject matter of the application before the Tribunal may, upon verbal or written application being made to the Tribunal, be heard by the Tribunal in respect of the application, and the T ribunal may, after hearing such person and the parties to the application, either adjourn the application upon such conditions as the Tribunal may decide to impose or dismiss the application. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 35.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Tribunal may request further information}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - In giving effect to any of the provisions of these Regulations the Tribunal may direct the applicant to produce to the Tribunal such information as may be necessary to enable the Tribunal to make a final decision. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 36.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Tribunal may hold sittings in any of the islands of the Cook Islands}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal may hold sittings in any island of the Cook Islands where the lands affected by the applications before the Tribunal are situated. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 37.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid204166 Approval pursuant to the Unit Titles Act 2005}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - Where an application has been made for the approval of the Tribunal in relation to a lease or sublease or assignment of lease or assignment of sublease under the Unit Titles Act 2005 the Tribunal shall apply the criteria set out in these Regulations and in paragraphs (a) to (f) o}{\fs24\lang2057\langfe1033\langnp2057\insrsid16655288 f this regulation}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the owners in the land understand the nature and extent of the development; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the terms of the lease have been complied with; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the lease expressly states the development is pursuant to the Unit Titles Act 2005; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (d)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 existing traditional easements across the land have been clearly marked on a unit plan pursuant to the Unit Titles Act 2005; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (e)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the common property has been clearly marked on any plan and in relation to common property which is vacant land, the intended use of that vacant land has been properly recorded; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (f)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the provisions of the Cook Islands Act 1915 have been complied with; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (g)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the provisions of section 106A of the Property Law Act 1952 as it applies in the Cook Islands have been complied with. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid204166 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 38.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid12796708 No right of renewal}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease, assignment of lease or assignment of sublease in which there is a clause giving the lessee or sub-lessee as the case may be a right to renew the term of the}{ \fs24\lang2057\langfe1033\langnp2057\insrsid12796708 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 lease, unless the owners in the land have considered that clause and the Tribunal is satisfied that: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The nature and extent of the clause has been explained to those owners in the l and in the Cook Islands Maori language by an officer of the High Court approved in writing by the Secretary of Justice or the Registrar to be competent for the purpose; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 An appropriate certificate duly signed to that effect by the person who carried out the explanation has been endorsed on the document; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The person or persons to whom the explanation in Cook Islands Maori has been given was not held responsible for the cost of providing that explanation but that cost is met by the party or th eir representative who requires the clause to be recorded in English. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 39.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid16655288 R}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid12392715 emoval of improvements at expiry}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid16655288 of lease}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - The Tribunal shall not approve any lease, sublease, assignment of lease or assignment of sublease in which there is a clause }{\fs24\lang2057\langfe1033\langnp2057\insrsid14642153 giving the lessee}{\fs24\lang2057\langfe1033\langnp2057\insrsid16655288\charrsid859523 the right to remove improvements to the}{\fs24\lang2057\langfe1033\langnp2057\insrsid16655288 }{\fs24\lang2057\langfe1033\langnp2057\insrsid16655288\charrsid859523 land at the expiry of the lease }{\fs24\lang2057\langfe1033\langnp2057\insrsid14642153 unless those improvements are stated in the clause to be chattels or tenants fixtures in }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 accordance with the common law and the owners in the land have considered that clause and }{\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 the Tribunal is satisfied that: \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The nature and extent of the clause has been explained to those owners in the land in the Cook Islands Maori language by an officer of the High Court approved in}{ \fs24\lang2057\langfe1033\langnp2057\insrsid12796708 }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 writing by the Secretary of Justice or the Registrar to be competent for the purpose; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 An appropriate certificate duly signed to that effect by the person who carried out the explanation has been endorsed on the document; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li1440\ri0\nowidctlpar\faauto\adjustright\rin0\lin1440\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 (c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 The person or persons to whom the explanation in Cook Islands Maori has been given was not held responsible for the cost of providing that explanation but that cost is met by the party or their representative who requires the clause to be recorded in English. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 40.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{ \fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid12796708 Improvements to be left in good state of repair}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -The Tribunal shall not approve any lease, sublease, assignment of lease or assignment of sublease unless there is a clause requiring that at the expiry of the lease or sublease the lessee shall repair and make good at its own expense any damage which may be done to the land and shall leave at its own expense any improvements in a good state of repair. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 6.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid12796708 Revocation}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 -Regulation 18 of the principal regulations is hereby revoked. \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 7.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid12796708 Savings}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - Nothing in these Regulations shall affect leases, subleases or assignment of leases or assignment of subleases which have been approved by the Tribunal before the coming into force of these Regulations. \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 8.}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid859523\charrsid12796708 Amendment to Schedule 1}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 - Schedule 1 of the principal Regulations is hereby amended by inserting after the word }{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 I,}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 and immediately before the words }{ \fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 hereby make}{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{ \fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 the words }{\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'93}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 a Registered Company/ Registered Foreign Enterprise} {\fs24\lang2057\langfe1033\langnp2057\insrsid1063595 \'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid859523 \par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10511126\charrsid859523 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10511126 {\fs24\lang2057\langfe1033\langnp2057\insrsid10511126 _____________}{\fs24\lang2057\langfe1033\langnp2057\insrsid12796708 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10511126 {\fs24\lang2057\langfe1033\langnp2057\insrsid10511126 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12796708 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 This Act is administered in the Ministry of Justice \par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid859523 {\fs24\lang2057\langfe1033\langnp2057\insrsid859523\charrsid859523 \par }}