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{\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6379518 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6379518\charrsid6379518 
{\*\xmlopen\xmlns1{\factoidname PlaceName}}{\*\xmlopen\xmlns1{\factoidname place}}COOK{\*\xmlclose} {\*\xmlopen\xmlns1{\factoidname PlaceType}}ISLANDS}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid6379518 {\*\xmlclose}{\*\xmlclose}
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\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6379518 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid6379518 OFF-SHORE INSURANCE (FEES) REGULATIONS 2006
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\par }\pard \qr \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid13239809 {\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid2575069 Queen's Representative
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\par At Avarua, {\*\xmlopen\xmlns1{\factoidname place}}Rarotonga{\*\xmlclose} this}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 13}{\fs24\lang2057\langfe1033\langnp2057\insrsid6379518 th day of 
June 2006}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
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\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid8868838 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 HIS EXCELL}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid8868838 
ENCY THE QUEEN'S REPRESENTATIVE
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 to sections 5 (1)(b), 8, 15, 16 and 26 of the Off-Shore Insurance Act 1981-82, His Excellency the Queen's Representative, acting by and with the advice and consent of the Executive Council, hereby makes the following Regulations.}{
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\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid547175 {\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 1.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{
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\par 3. Fees
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\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
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\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid547175 6. Revocation}{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par 
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\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  - These Regulations may be cited as the Off-Shore Insurance (Fees) Regulations 2006.
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\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 Interpretation}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  - In these Regulations, unless the context otherwise requires, "the Act" means the Off-Shore Insurance Act 1981-82.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 3.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 Fees}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  - (}{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 ) The fee to accompany
 an application made pursuant to section 1) of the Act shall be upon the grant of a licence, US$3,000.00.
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\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 The annual renewal fee payable pursuant to section 15(2) of the Act all be US$3,000.00.
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\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  - Where an application for a licence is rejected pursuant to }{\fs24\lang2057\langfe1033\langnp2057\insrsid6959309\charrsid16339045 th}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid16339045 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  Act, the administration charge shall be 50% of the fee p}{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
ayable upon the grant of}{\fs24\lang2057\langfe1033\langnp2057\insrsid14702401  a}{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid16339045 licence}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16076221\charrsid16339045 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 5.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 Asset backin}{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid8868838 g}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838  }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 The surplus of tangible assets over liabilities for the }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid16339045 pu}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid16339045 rpose}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  of section 16 of the Act shall be US$100,000.00.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 6.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 Revocation}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175  }{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 The Off}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12415562 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175  Shore Insurance Regulations 1982 are hereby }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838\charrsid16339045 re}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid16339045 voked.}{\fs24\lang2057\langfe1033\langnp2057\insrsid547175\charrsid547175 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8868838 
\par }\pard \qr \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid8868838 {\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid547175\charrsid8868838 Clerk of the Executive Council
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\par }}