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Vanuatu Financial Services Commission (Amendment) Act 2001

Assent: 30 December 2001
Commencement: 11 March 2002


REPUBLIC OF VANUATU


VANUATU FINANCIAL SERVICES COMMISSION AMENDMENT ACT NO.14 OF 2001


Arrangement of Sections


  1. Amendments
  2. Commencement

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REPUBLIC OF VANUATU


Assent: 30/12/2001
Commencement 11/03/2002


VANUATU FINANCIAL SERVICES COMMISSION AMENDMENT ACT NO.14 OF 2001


An act to amend the Vanuatu Financial Services Commission Act No. 35 of 1993


Be it enacted by the President and Parliament as follows-


  1. Amendments

The Vanuatu Financial Services Commission Act No. 35 of 1993 is amended as set out in the Schedule.


  1. Commencement

This Act commences on the date on which it is published in the Gazette.


SCHEDULE


AMENDMENTS OF THE VANUATU FINANCIAL SERVICES COMMISSION ACT NO. 35 OF 1993


  1. Paragraph 3(1)(c)

Repeal the paragraph, substitute


“(c) a person with legal qualifications or experience appointed by the Minister after consultation with the Commissioner.”.


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REPUBLIC OF VANUATU


BILL FOR THE
VANUATU FINANCIAL SERVICES COMMISSION AMENDMENT ACT NO. 14 OF 2001


Explanatory Note


The amendments remove the Attorney General as a member of the Vanuatu Financial Services Commission. He is replaced by a person with legal qualifications or experience appointed by the Minister after consultation with the Commissioner.


Minister of Finance and Economic Management


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