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)}}{\*\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\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 \fs20\cf1\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 { \b\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 NIUE \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\b\fs24\expnd1\expndtw6\lang2057\langfe5129\langnp2057\insrsid11665927 INTERNATIONAL BANKING REPEAL ACT}{ \b\fs24\expnd1\expndtw6\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 2002 \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\expnd1\expndtw6\lang2057\langfe5129\langnp2057\insrsid3548387 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 Arrangement of provisions \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 1 Short title}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par 2 }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 Commencement}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 3 }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 Repeal of the Intern}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 ational Banking Act 1997 \par 4 Continuation an}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 d validity of Existing Licenses \par \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 ----------------------------------------------------------- \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\b\fs24\expnd0\expndtw-2\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 AN ACT \par to repeal the law relating to the licensing of International Banks and to}{\b\fs24\expnd0\expndtw-2\lang2057\langfe5129\langnp2057\insrsid11998764 \par }{\b\fs24\expnd0\expndtw-2\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 provide for matters connected therewith. \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\expnd0\expndtw-2\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 1 Short title \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par (1) This Act may be cited as the Interna}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 tional Banking Repeal Act 2002. \par \par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 2 Commencement \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 (1) This Act comes into operation in accordance with Article 34 of the Niue}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 Constitution. \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 3 Repeal of the International Banking Act 1997 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 (1) The International Banking Act 1997, which in this Act is referred to as "the Act",}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 is hereby repealed.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 4 Continuation and validity of Existing Licenses \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par (1) The repeal of the Act under Section 3 shall not affect any licences issued pursuant to Section 9 of the Act before the repeal of the Act, or any orders, decisions or judgments made before the repeal of the Act in respect of the licences issued thereunder. Such licences shall continue to exist under the same conditions as granted, provided that under no circumstances shall they be renewed.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 --------------------------------------------------- \par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par The Niue Assembly passed this Act on the 4}{\fs24\lang2057\langfe5129\super\langnp2057\insrsid3548387\charrsid3548387 th }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 day of June 2002.}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3548387 \par \par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid3548387 {\fs24\lang2057\langfe5129\langnp2057\insrsid3548387 --------------------------}{\fs24\lang2057\langfe5129\langnp2057\insrsid663492 -------------------------- }{\fs24\lang2057\langfe5129\langnp2057\insrsid3548387\charrsid3548387 \par }}