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International Companies Amendment Act 1991

COOK ISLANDS


INTERNATIONAL COMPANIES AMENDMENT ACT 1991


ANALYSIS


Title
1. Short Title
2. Foreign Investment


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1991, No. 20


An Act to amend the International Companies Act 1981-82


(10 July 1991


BE IT ENACTED by the Parliament of the Cook Islands in assembled, and by the authority of the same as follows:


1. Short Title - This Act may be cited as the International Companies Amendment Act 1991 and shall be read together with and deemed part of the International Companies Act 1981-82 (hereinafter referred to as "the principal Act").


2. Foreign Investment - Subparagraph (iv) of paragraph (a) of the definition of a "Local entity" contained in subsection (1) of section 249A of the Principal Act is amended by adding the words "this Act or" immediately after the word "under" and before the words "the International Trusts Act 1984".


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This Act is administered by the Monetary Board


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