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Development Investment Act 1995-96 - Development Investment Regulations 2004

COOK ISLANDS


DEVELOPMENT INVESTMENT AMENDMENT REGULATIONS 2004


Act No. 12, 2004


Laurence M. Greig

Chief Justice

REGULATIONS IN EXECUTIVE COUNCIL


At Avarua, Rarotonga this 20th day of May 2004


Present:


HIS EXCELLENCY THE HONOURABLE CHIEF JUSTICE
OF THE HIGH COURT OF THE COOK ISLANDS
LAURENCE MURRAY GREIG
IN EXECUTIVE COUNCIL


PURSUANT to section 41 of the Development Investment Act 1995-96, His Excellency the Chief Justice, acting by and with the advice and consent of the Executive Council, hereby makes the following Regulations:

__________________


ANALYSIS


l. Title
2. Schedules

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REGULATIONS


1. Title - These Regulations may be cited as the Development Investment Amendment Regulations 2004 and shall be read together with and deemed part of the Development Investment Regulations 1996 ("the principal Regulations").


2. Schedules - The Schedules to the principal Regulations shall be revoked and the Schedules to these Regulations substituted.


Grover L. Harmon

Clerk of the Executive Council


________________


These Regulations are administered by the Development Investment Board


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FIRST SCHEDULE
(Application Fees)


Application for registration as a foreign enterprise
-
NZ$750.00



Application for incentives and concessions
-
NZ$100.00



Every other application
-
NZ$l00.00

SECOND SCHEDULE
(Remuneration of Directors)


Chairperson per meeting
-
NZ$200.00



Other Directors per meeting
-
NZ$150.00

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