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\qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1124779 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid1124779\charrsid15470588 NIUE}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid1124779 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid1124779\charrsid15470588 INTERNATIONAL BUSINESS COMPANIES AMENDMENT ACT 1994}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid1124779\charrsid15470588 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14948896 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 No. 187}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid1124779\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid1124779\charrsid15470588 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14948896 {\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 [Signed 9 September 1994]
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14948896 {\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 A}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 NALYSIS}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 
\par 1. Short Title
\par 2. Interpretation
\par 3. Effect }{\fs24\lang2057\langfe1033\langnp2057\insrsid13335424\charrsid15470588 of Failure to Satisfy Requirements of Section 5
\par 4. Personal Liability
\par 5. Name
\par 6. Forfeiture of Shares
\par 7. Authorised Capital in Several Currencies
\par 8. Capital}{\fs24\lang2057\langfe1033\langnp2057\insrsid10102932\charrsid15470588  and Surplus Accounts}{\fs24\lang2057\langfe1033\langnp2057\insrsid14948896\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13335424\charrsid15470588 9. Division}{\fs24\lang2057\langfe1033\langnp2057\insrsid6716392\charrsid15470588  and Combination}{\fs24\lang2057\langfe1033\langnp2057\insrsid13335424\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6716392\charrsid15470588 10. Share Certificates
\par 11. Acquisition of Own Shares
\par 12. Increase or Reduction of capital
\par 13. Registered Agent
\par 14. Optional Register of Directors
\par 15. Emoluments of Directors
\par 16. Notice of Meetings of Directors
\par 17. Consents of Directors
\par 18. Officers and Agents
\par 19. Conflicts of Interests
\par 20. Indemnification
\par 21. Consents of Members
\par 22. Rights of Dissenters
\par 23. Continuation
\par 24. Provisional Registration
\par 25. Con}{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 tinuation under Foreign Law}{\fs24\lang2057\langfe1033\langnp2057\insrsid6716392\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 26. }{\fs24\lang2057\langfe1033\langnp2057\insrsid12656528\charrsid15470588 Procedure on }{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 Winding-Up and Dissolution
}{\fs24\lang2057\langfe1033\langnp2057\insrsid12656528\charrsid15470588 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid13335424\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 27. Winding-up and Dissolution of Company unable to pay its Claims, etc}{\fs24\lang2057\langfe1033\langnp2057\insrsid13335424\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 28. Circumstances under}{\fs24\lang2057\langfe1033\langnp2057\insrsid12656528\charrsid15470588  which a Company may be Wound up by the Court}{
\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 
\par 29. Striking Off
\par 30. Restoration to Register 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2500366\charrsid15470588 31. Dissolution of Company Struck Off}{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2500366\charrsid15470588 32. Fees}{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2500366\charrsid15470588 33. Licence Fees}{\fs24\lang2057\langfe1033\langnp2057\insrsid269864\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2500366\charrsid15470588 34. Recovery of Penalties, etc
\par 35. Fees Payable to Registrar
\par 36. Optional Registration of Mortgages and Charges
\par 37. Regulations
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11537849\charrsid15470588 38. Inspection of Documents}{\fs24\lang2057\langfe1033\langnp2057\insrsid2500366\charrsid15470588 
\par 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11537849 {\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -------------------------------}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid15470588 {\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 An Act to provide for the amendment of the International Business Companies Act 1994.}{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11537849\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 BE IT ENACTED}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  by the Niue Assembly in Session assembled, and by}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 the authority of the same, as follows:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
\par 1. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 Sh}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid12656050\charrsid15470588 o}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 rt Title}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 - This Act ma}{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
y be cited as the International}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  Business Companies A}{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 mend}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 men}{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 t Act 1994, and }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 shall be re}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 ad together with and deemed pa}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 rt of the International Business Co}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 panies Act 1994 (hereinafter referred to as the principal Act).
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
\par 2. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 Interpretation}{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588  - Section 2 of the principa}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 l Act is hereby a}{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
ended by repealing the words "subsection }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 (1)}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  of section 14}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 " and substituting the words "}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 subsection }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 (2)
}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  of section 14."
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
\par 3. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 Effect of failure to satisfy requirements of section 5}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12656050\charrsid15470588 The principal Act is}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 hereby amended by repealing the title to section 6 and substituting the following title "Effect of failure to satisfy requirements of section 5".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6303039\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 4. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Personal liability}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 - Section 7 of the prin}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 c}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ipal Act }{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 is}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  hereby amended by repealing the wor}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 d}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 s "subject to section 74".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 5. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Name}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (1) Section 11 (1) of the principal Act is hereby amend}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 ed by repealing the}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  words }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 "Limitatla" and}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 "A.G." and substituting the words }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 "Limi}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 tada" and "AG"}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 (2) Section 11(4)(b) of the principal Act is hereby amended by repealing the words "and the Registrar must publish notice of the change in the Gazette".}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (3) Section 11(8)(c) of the pri}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 n}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
cipal Art is hereby}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  repealed.}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 6. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Forfeiture of shares}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section 19A}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) of the principal Ac}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 t}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  is hereby amen}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 ded by }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10027639\charrsid15470588 inserting, after the words "subscription of shares", the }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 word }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10027639\charrsid15470588 "in".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 7. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Authorised capital in several currencies}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  - Section 21A}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) }{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 o}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 f the p}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
rincipal Act is hereby amended by repeal}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ing the wo}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 rd}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  state and sub}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 s}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 tit}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 u}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ting }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 the word stated.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 8. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Capital and Surplus}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  Section 22(2) of the principal Act is hereby amended by repealing the words Memorandum of Articles and}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 substituting the words Me}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 mo}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 randum or Articles.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 9. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 Division and combination}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 Section 25(2) of the principal}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  Act}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 
 is hereby amended}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  by repealing }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 the word "dividend" and substituting the word }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 "divided".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 
\par 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 0. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 Share certificates}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section 27 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 2) (b) of the principal Act}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 is he}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 reby amended}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  by r}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 ep}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ealing the words }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 "must be under the common seal" and substituting the words "may}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  be under the common}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 seal".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 11. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 Acquisition of own shares}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  
\endash  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (1) S}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 ection}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  33 (1}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 A}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ) of the}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  princi}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pal A}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 ct is}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  hereby am}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 nded by r}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pealing }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 the words "purchase, redeem or otherwise}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  acquires" and }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 substituting the words}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 "purchase, }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 redeem or otherwise }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 acquire".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 33}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (IA)}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (a) of the principal Act is hereby amended}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588  by repealing the words "Memorandum of Articles" and}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  substi}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 tuting the words "Memorandum}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  or }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 Articles}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (3) Section 33(4) of }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 the principal Act is hereby amended by r}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 epealing the words "Memora}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 ndum}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 of Articles" an}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 d}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  substitu}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 ti}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ng the words "}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 Memorandum or Articles".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 

\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (4) Section 33(5) (a) of the principal Act is hereby }{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 amended by }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 repealing the word}{\fs24\lang2057\langfe1033\langnp2057\insrsid16344062\charrsid15470588 s "its Memorandum or Ar}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
ticles, of"}{\fs24\lang2057\langfe1033\langnp2057\insrsid1134400\charrsid15470588  and substituting the words "}{\fs24\lang2057\langfe1033\langnp2057\insrsid14693430\charrsid15470588 its }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Me}{\fs24\lang2057\langfe1033\langnp2057\insrsid14693430\charrsid15470588 morandum or Article, or".}{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid14693430\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 12}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  }{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 Increase or reduction of capital}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
 (1) Section 35 (3) of the principal Act is hereby amended by repealing the word "affected" and substituting the word }{\fs24\lang2057\langfe1033\langnp2057\insrsid6621072\charrsid15470588 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 effected}{\fs24\lang2057\langfe1033\langnp2057\insrsid6621072\charrsid15470588 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 .
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 35 (3) (b) (}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 ii}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ) of }{
\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 the principal Act is hereby amended by repealing the words "all shares without par value held by the company as treasury shares that are }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 entitled to a }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 preference, if any, }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
liquidation of }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 the company}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 " }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 nd substituting the following words }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 "all shares without par value he}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ld by the company as treasury shares that are entitled to a}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  preference, if any, in the asse}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ts }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 of the company upon liquidat}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ion of the}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  company".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6241377\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 13. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 Registered agent}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 39(3) of the principal Act is he}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
reby repealed.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 14. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 O}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 ptional register of directors}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  Section 43A of the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 princip}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 al }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Ac}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 t is}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  hereby amended by repealing the words "the date which" and substituting the words "the date on which".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 15. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 Emoluments of directors}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 - Section 46 of the principal Act is hereby amended by repealing the words "Memorandu}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 m}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  of Articles"}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
and substituting the words "Memorandum or Articles".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par 16. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 Notice of meetings of directors}{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588  - }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
Section 49(2) of the principal}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Act is hereby amended by repealing the words "the pu}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 r}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pose" and substituting the words "this purpose".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 17. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 Consents of directors}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section 51 of the principal Act is hereby amended by inserting the word "facsimile" before the word "telex".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 18. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 Officers and agents}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 - Section 53(2) of the principal Act is hereby amended by repealing the words "fix the common seal" and substituting the words "affix the common seal".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3498423\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 19. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 C}{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 onflicts of interest}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  - (1) The title of section 56 of the principal Act is hereby repealed and the title "Conflicts of interest" substituted.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 56(l)}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
(h) of the principal Act is amended by repealing the words "including as a director" and substituting the words "including a director".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (3) Section}{\fs24\lang2057\langfe1033\langnp2057\insrsid13071796\charrsid15470588  56(1) (b) of the principal Act}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  is also hereby am
ended by repealing the words "for this reason only by reason that the director or liquidator" and substituting the words "for this reason only or by reason only that the director or liquidator".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 20}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 . }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 Indemnification}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 - Section 57(4) of the principal Act is hereby amended by repealing the}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  words "company or that person"}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  and substituting the words "company or the person".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 21. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 Consents of members}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section 63 of the Principal Act is hereby amended by inserting the word "facsimile" before the word "telex".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 22. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 Rights of dissenters}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (1) Section 83(2) of the principal Ac}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 t is her}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 eby amended by }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 r}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 pea}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ling the word "authorize}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 d}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 " and substi}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 tuting the word "auth}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 orised".

\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Sec}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 tion 83(4) of the principal }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Act is 
}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 hereb}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 y amended by r}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pealing the word "authorizing" and }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 substituting }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 th}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  word "authorising".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (3) Secti}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 on }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 83(8) of the Act}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  is}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  hereby a}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 m}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ended by }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 re}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pealing the words "the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 price to b}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 e paid for this shares" and substituting the words "the price to be paid for these shares".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (4)}{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5195693\charrsid15470588 Section 83(9) }{
\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 of the principal Act is hereby amended }{\fs24\lang2057\langfe1033\langnp2057\insrsid11692607\charrsid15470588 by }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
repealing the words }{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 "date on which the period 30 days" and substituting }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 the w}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 o}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 rds "date}{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588  on which the period of 30 days"}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 .
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3502229\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 (5) Section 83(9) (c) of the principal Act is hereby amended by repealing the word "authorizing" and substituting the word "authorising".}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (6}{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 ) Section 83(10) of the principal Act is hereby amended by repealing the word }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 "shared" and substituting the w}{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 o}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 rd}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588  "shares".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 23. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 Continuation}{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588  Section 84(4) of the principal Act is hereby amended by repealing }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 the words "and publishing notice of the striking off in the Gazette".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6912044\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 24. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 Provisional registration}{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588  Section 85(1)(b) of the principal Act is hereby amended by inserting the word "facsimile" before the word "telex".
\par 
\par 25. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 Continuation under foreign law}{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588  (1) The title of section 88 of the principal Act }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 is hereby amended by }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 repealed and substituted with the title "Continuation under the foreign law".
\par 
\par (2) Section 88(2A) of the principal Act is hereby amended by repealing the expression "2A" and substituting the expression "(3)".
\par 
\par (3) Section 88(2A) of the principal Act is also amended by repealing references to "foregoing" and substituting the word "foreign".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (4) Secti}{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 on }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 88(2}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 B) of the principal Act i}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 s hereby }{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 nded by rep}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 ealing the expression "2B" and substituting the expression "(4)}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8787269\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (5) Secti}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 on 88(4)(c) of the principal Act is hereby repealed.
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 26. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 Procedure on winding up and dissolution}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 
 (1) Section 94(7) of the principal Act is hereby amended by repealing the word "this" and substituting the word "his".
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 9}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 4 }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (8) of the principal }{
\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 Act }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 is }{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 
hereby repealed and the remaining subsections of section 94 renumbered }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 acco}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 rding}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ly}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 27. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 Winding-up and dissolution of company unable to pay its claims, etc.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588  Section 96(2) of the Principal Act is hereby am
ended by repealing the words "provisions of section 91, 92 and 93" and substituting the words "the provisions of sections 91, 92 and 93".
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 28.}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588  }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 
Circumstances under which a company may be wound up by the Court}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588  - }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
The title to section 97 of the principal Act is hereby repealed and t}{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 he following title substituted "Circumstances under which a company may be wound up by the Court}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 .
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11546062\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 29. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 Striking off}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 - Section 99(5) of the principal Act is hereby}{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 amend}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 ed by repealing the words "on or bef}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
ore the expiration period of a period of two months" and substituting the words "on or before the expiration of a period of two months".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 
\par 30. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 Restoration to register}{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588  - }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
Section }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 100(4) of the principal Act is }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 hereby am}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 nded by repealing the word "receiver" and substituting the word "liquidator".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 31. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 Dissolution of company struck off}{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 
 - }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (1) Section 103(l) of the principal Act is hereby amended by repealing the words "of the Crown" and substituting the words "of Niue".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 103(2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid13001683\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
(b) of the principal Act is hereby amended by repealing the words "in the Gazette".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11540365\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 (3) Section 103(5) of the}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
 principal Act is hereby amended by repealing the words "the Crown" and substituting the words "the Government of Niue".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 32. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Fees}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 (1) Section 104}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
(a) of the principal Act is hereby amended repealing the expression "$150" and substituting the express}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 i}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
on "$150.00".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 104(t)(i) of the principal Act is hereby amended by repealing the expression "$50, 000.00" and substituting the expression "$10,000.00".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 33. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Licence Fees}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588  Section 105(1)}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 (a) }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
of the principal Act is hereby amended by repealing the expression "$10,000" and substituting the expression "$10,000.00".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 34. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Recovery of penalties etc}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 . - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Section 107 of the principal Act is hereby amended by deleting the words "the Crown" and substituting the words "the Government of Niue".
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 35. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Fees payable to Register}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 (1) Section 110(l) of the}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  principal Act is hereby repealed and the following subsection substituted:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid4587568 {\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 "The Registrar may refuse to take any action r}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 equired of him under this Act f}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
or which a fee is prescribed unless all fees have been paid within a period of 24 hou}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 r}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 s."
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2) Section 110(2) of the principal Ac}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 t is hereby r}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 epealed and the following subsection substituted:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid4587568 {\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
(2) The Registrar may refuse to continue under this Act a co}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 pany i}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 nc}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 orporated un}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
der the Companies Act unless all fees prescribed as payable}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  by the co}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 m}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 p}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 an}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 y und}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 er the Companies Act have}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 been }{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 paid }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 within a period of 24 hours."}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8395561 {\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 36. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Optional Registration of Mortgages and charges}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588  - }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 Secti}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 o}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 n }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 111B (}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 b) of the prin}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 c}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ipal Act is hereby am}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
ended by repealing the words "paragr}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 aph (2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 " and}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588  substituting t}{\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588 he words "section 111}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 A}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15143652\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 (2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 ".}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 37. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588 Regulations}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid4587568\charrsid15470588  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 
(1) The title of Section 112 of the principal Act is hereby repealed and the title "Regulations" substituted.
\par 
\par (2) S}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 ec}{\fs24\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 ti}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 on 112(2) of the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 principal Act is hereby amended by repealing the words "affecting subsection (91)" and substituting the words "affecting subsection (1)".
\par 
\par 38. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 Inspection of Documents}{\fs24\lang2057\langfe1033\langnp2057\insrsid15470588  -}{\fs24\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 
 Section 115(1)(b) of the principal Act is hereby amended by repealing the words "dissolution of good standing" and substituting the words "dissolution or good standing".}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10291990\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 This Act was passed by the }{\fs24\lang2057\langfe1033\langnp2057\insrsid11430714\charrsid15470588 Niue Assembly on the 27}{
\fs24\lang2057\langfe1033\super\langnp2057\insrsid11430714\charrsid15470588 th}{\fs24\lang2057\langfe1033\langnp2057\insrsid11430714\charrsid15470588  day of July 1994.}{\fs24\lang2057\langfe1033\langnp2057\insrsid8395561\charrsid15470588 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11430714\charrsid15470588 
\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid11430714 {\fs24\lang2057\langfe1033\langnp2057\insrsid15470588 --------------------------------}{\fs24\lang2057\langfe1033\langnp2057\insrsid11430714\charrsid15470588 
\par }}