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International Companies Act 1981-82 - International Companies (Prescribed Fees) Amendment Regulations 1997

COOK ISLANDS


INTERNATIONAL COMPANIES (PRESCRIBED FEES) AMENDMENT REGULATIONS 1997


1997/06


A. P. SHORT, Queen's Representative


ORDER IN EXECUTIVE COUNCIL


At Avarua, Rarotonga, this 13th day of May 1997


Present:


HIS EXCELLENCY THE QUEEN'S REPRESENTATIVE IN EXECUTIVE COUNCIL


PURSUANT to Section 221(2) of the International Companies Act 1981-82, His Excellency the Queen's Representative, acting by and with the advice and consent of the Executive Council, hereby makes the following regulations.


___________


ANALYSIS


1. Title and commencement
2. Fees Schedule


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REGULATIONS


1. Title and commencement - (1) These Regulations shall be cited as the International Companies (Prescribed Fees) Amendment Regulations 1997 and shall be read together with and deemed part of the International Companies (Prescribed Fees) Regulations 1982 (hereinafter referred to as "the principal Regulations").


(2) These Regulations shall come into force on the 1st June 1997.


2. Fees - The principal Regulations are amended, by deleting the Schedule to those Regulations, and substituting a new schedule as set out in these Regulations.


P. Puna
Clerk of the Executive Council


____________


These Regulations are administered by the Monetary Board


SCHEDULE
(New Schedule)


"SCHEDULE


Prescribed Fees


Fee
Matter for which fee payable
Amount of fee No. (in United States Dollars)
1.
Inspection of the documents kept by the Registrar in respect of any one company
10.00
2.
Obtaining a copy of or an extract from any one document kept by the Registrar
5.00
3.
To incorporate a company, or to register as a foreign company
500.00
4.
On each application to renew incorporation or to renew registration as a foreign company
500.00
5.
On application for reservation of name
10.00
6.
On application by an individual or a company for appointment and registration as a company auditor
100.00
7.
On any application lodged with, and on the lodging of any document required to be lodged with the Registrar, if not a matter to which any of fees Nos. 1 to 5 hereof relate –


(a) if lodged within the statutory period
Nil

(b) if lodged outside the statutory period- for every month or part of a month out of time
20.00”

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