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Business Licence (Amendment) Act No 09 of 1999


REPUBLIC OF VANUATU


BUSINESS LICENCE (AMENDMENT) ACT No. 9 of 1999


Arrangement of Sections


1. Amendment of' Section 1
2. Amendment of section 4
3. Application
4. Commencement.


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REPUBLIC OF VANUATU


BUSINESS LICENCE (AMENDMENT) ACT
NO. 9 of 999


An Act to amend the Business Licence Act No. 19 of 1998 (the "Principal Act").


BE IT ENACTED by the President and Parliament as follows:


AMENDMENT OF SECTION 1
1. Section 1 of the Principal Act is amended by inserting the following definition in the correct alphabetical position:


"'licence authority' means a licensing authority referred to in section 3;".


AMENDMENT OF SECTION 4


2. Section 4 of the Principal Act is amended by:


(a) deleting "VT 100,000" and substituting "VT500,000";


(b) deleting "three (3)' and substituting "six (6)".


APPLICATION


3. The amendment made by this Act apply in relation to an application for a licence or renewal of a licence if that application:


(a) was made before the commencement of this Act, but was not finally determined before that commencement; or


(b) is made on or after the commencement of this Act.


COMMENCEMENT


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


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