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Hotels Aid Act (Amendment) Decree 1991


REPUBLIC OF FIJI


DECREE NO. 10
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HOTELS AID ACT (AMENDMENT) DECREE, 1991
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A DECREE TO CLARIFY THE MEANING OF REFURBISHMENT AND RENOVATION IN RELATION TO AN EXISTING HOTEL


IN exercise of the powers vested in me as President of the Sovereign Democratic Republic of Fiji and Commander-in-Chief of the Armed Forces and acting in accordance with the advice of the Prime Minister and the Cabinet, I hereby make the following Decree:


Short title


1. This Decree may be cited as the Hotels Aid Act (Amendment) Decree, 1991.


Section 2 of the Hotels Aid Act amended


2. Section 2 of the Hotels Aid Act is amended by deleting the semi-colon immediately after the word “hotel” in the definition of “project” and add the phrase “refurbishment and renovation” and the addition of the following definition below the definition of “provisional approval”:


“refurbishment and renovation” means:


those construction works of a substantial nature carried out in or upon an existing hotel building which have the effect of restoring the hotel building to a sound and as new state and/or which reconstruct, remodel, alter, upgrade or amend the interior of an existing hotel building so as to form new rooms or to alter the sizes of existing rooms, such work not to he confined only to the repainting or redecorating of an existing hotel building and shall have an estimated cost per square metre of floor area which shall be established by the Minister and which, in the opinion of the Minister, is not less than 40% of the estimated cost per square metre of the floor area or a newly built equivalent hotel building. The capital expenditure allowable under this heading shall he given only to hotel which has been in operation for a period of not less 5 years.


3. Section 8(1) (a) delete the comma after the word “project” at the last sentence of the paragraph and in its place add the phrase “or refurbishment or renovation”.


Coming into force


4. This Decree shall be deemed to have come into force on the 10th day of January 1989.


Made this 18th day of April 1991.


PENAIA K. GANILAU
President of the Sovereign Democratic Republic
of Fiji and Commander-in-Chief of the Armed Forces.


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