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\rsid2696272\rsid2698587\rsid3022485\rsid3103778\rsid3162444\rsid3170452\rsid3301373\rsid3416762\rsid3439401\rsid3868201\rsid4341957\rsid4601680\rsid4680742\rsid5259834\rsid5529808\rsid5705386\rsid5792187\rsid6822423\rsid7542468\rsid7804331\rsid7807951 \rsid7952950\rsid8419064\rsid8548346\rsid8851346\rsid8869600\rsid9445696\rsid9978685\rsid10319439\rsid10443183\rsid10512402\rsid10683519\rsid11087364\rsid11163140\rsid11341895\rsid11667298\rsid11812270\rsid11939043\rsid12260031\rsid12716194\rsid12720313 \rsid13314409\rsid13506418\rsid13512160\rsid13661712\rsid13721168\rsid14027974\rsid14435780\rsid14483658\rsid14813878\rsid14879425\rsid15225384\rsid15338554\rsid15402439\rsid15495901\rsid15622916\rsid15751623\rsid15757769\rsid16199373\rsid16325338 \rsid16342440\rsid16414360\rsid16661602\rsid16672894\rsid16676209}{\*\generator Microsoft Word 11.0.5604;}{\info{\title NIUE TRUST FUND ACT 2004}{\author sam_f}{\operator freriks_k}{\creatim\yr2009\mo3\dy25\hr13\min13}{\revtim\yr2009\mo4\dy16\hr10\min14} {\version6}{\edmins8}{\nofpages3}{\nofwords568}{\nofchars3242}{\*\company USP}{\nofcharsws3803}{\vern24689}}\paperw11906\paperh16838 \widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\hyphcaps0\formshade\horzdoc\dgmargin \dghspace180\dgvspace180\dghorigin1701\dgvorigin1984\dghshow1\dgvshow1 \jexpand\viewkind4\viewscale100\pgbrdrhead\pgbrdrfoot\splytwnine\ftnlytwnine\htmautsp\nolnhtadjtbl\useltbaln\alntblind\lytcalctblwd\lyttblrtgr\lnbrkrule\nobrkwrptbl\snaptogridincell\allowfieldendsel\wrppunct\asianbrkrule\rsidroot3868201 \fet0\sectd \linex0\headery708\footery708\colsx708\endnhere\sectlinegrid360\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 \s15\qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13512160 \f35\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\f0\insrsid13512160\charrsid5792187 NIUE LAWS \par LEGISLATION AS AT DECEMBER 2006}{\f0\insrsid13512160\charrsid5792187 \par }\pard\plain \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid13512160 \f35\fs24\lang2057\langfe1033\cgrid\langnp2057\langfenp1033 {\b\f0\insrsid13512160\charrsid5792187 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\b\f0\insrsid3301373\charrsid12720313 NIUE TRUST FUND ACT 2004}{\b\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\b\f0\insrsid12720313\charrsid12720313 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 2004/226 \endash 19 May 2004}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313 \par }{\f0\insrsid12720313\charrsid12720313 1 Short title \par 2 Interpretation \par 3 Status of Fund \par 4 Government contributions \par 5 Application of money received by}{\f0\insrsid12720313 }{\f0\insrsid12720313\charrsid12720313 Government \par 6 Provision of information \par 7 Information for the Assembly \par 8 Taxation exemption \par 9 Secretarial support \par 10 Regulations}{\f0\insrsid12720313 \par \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313 _______________________________ \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid1135742 {\b\f0\insrsid3301373\charrsid12720313 To implement in Niue the Agreement concerning a Trust Fund for Niue and}{\b\f0\insrsid1135742 }{\b\f0\insrsid3301373\charrsid12720313 to make financial provision for the Fund}{\b\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\b\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 1 Short title}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 This is the Niue Trust Fund Act 2004.}{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 2 Interpretation}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 In this Act \endash }{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Advisory Committee}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the Advisory Committee for the Fund;}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Agreement}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the international treaty to be concluded, entitled the}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Agreement concerning a Trust Fund for Niue, to which Niue will be a}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 party;}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Auditor}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the Auditor ap pointed by the Board under article 22 }{\f0\insrsid12720313\charrsid12720313 of the}{\f0\insrsid3301373\charrsid12720313 Agreement}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Board}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the Board of Directors of the Fund;}{ \f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Fund}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the Niue Trust Fund to be set up by the Agreement;}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 Minister}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 means the Minister for Finance;}{ \f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 public money}{\f0\insrsid12720313 "}{\f0\insrsid3301373\charrsid12720313 has the same meaning as i n the Public Revenues Act 1959.}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 3 Status of Fund}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 (1) The Fund is a body corporate with all the rights and powers of a natural}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 person of full age and capacity, to be exercised for the purposes of the Fund. \par }{\f0\insrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 (2) The Fund is not a public fund of Niue and the capital and revenue}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 (except money referred to in section 5) of the Fund is not public money of Niue}{ \f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 nor subject in Niue law to control and accounting except as provided by this Act. \par }{\b\f0\insrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 4 Government contributions}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 (1) The Government may at any time contribute to the Fund \endash \par }{\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (a) Such moneys as may be appropriated for the purpose by the}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Assembly; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (b) Money or securities received by the Government from any other}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 source. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 (2) The Government may without further procedure make an initial}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 contribution of $50,000 to the Fund.}{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 (3) Contributions under this section may be made only as direct cash}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 payments, donations, or interest free loans.}{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 5 Application of money received by Government}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 Money received by the Government from the Fund \endash \par }{\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (a) Shall become public money and shall be paid only into the Niue}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Government Account until article 57 of the Constitution; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (b) Shall be spent only under Part 4 of the Constitution; and}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (c) Shall be accounted for under Part 4 of the Constitution.}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 6 Provision of information}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 The Government and any public officer or other person may, and shall on}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 request, give to the Board, the Advisory Committee or any other person authorised}{ \f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 by them or on their behalf \endash }{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid1135742 {\f0\insrsid3301373\charrsid12720313 (a) Any information or documents which the Auditor requires to fulfil}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 its obligations under article 22 of the Agreement; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid1135742 {\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid1135742 {\f0\insrsid3301373\charrsid12720313 (b) Any information or documents relating to the national budget,}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 annual estimates or appropriation for the service of the financial}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 year before or after the national budget has been presented to the}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Assembly; \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid1135742 {\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid1135742 {\f0\insrsid3301373\charrsid12720313 (c) The annual accounts of Niue furnished under section 25 of the Public}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Revenues Act 1959; and \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid1135742 {\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid1135742 {\f0\insrsid3301373\charrsid12720313 (d) The audit report prepared under article 60 of the Constitution. \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\b\f0\insrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 7 Information for the Assembly \par }{\f0\insrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 The following documents shall be laid before the Assembly at its sitting}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 next following the date on which the document is received by Government \endash \par }{\f0\insrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (a) The annual report by the Board;}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (b) The annual accounts of the Fund;}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (c) The report by the Auditor of the Fund on its annual accounts; and}{\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid12720313 {\f0\insrsid3301373\charrsid12720313 (d) The annual report, and the first 6 monthly report, of the Advisory}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 Committee.} {\f0\insrsid3301373 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid12720313 {\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 8 Taxation exemption}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 Contributions to and income received by the Fund shall be exempt from}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 payment of all taxes, rates and duties in the hands of the Fund.}{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 9 Secretarial support}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 The Government shall provide the administrative, secretarial and other}{\f0\insrsid12720313 }{\f0\insrsid3301373\charrsid12720313 services necessary for the purposes of the Fund.}{\f0\insrsid3301373 \par }{\f0\insrsid12720313\charrsid12720313 \par }{\b\f0\insrsid3301373\charrsid12720313 10 Regulations}{\b\f0\insrsid3301373 \par }{\b\f0\insrsid12720313\charrsid12720313 \par }{\f0\insrsid3301373\charrsid12720313 Cabinet may make regulations for the purposes of this Act.}{\f0\insrsid11087364\charrsid12720313 \par }}