Westpac Bank of Tonga (Repeal) Act 2015
Act 2 of 2015
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WESTPAC BANK OF TONGA (REPEAL)
ACT 2015
Westpac Bank of Tonga (Repeal) Act 2015 Arrangement of Sections
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Act 2 of 2015 Page 3
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WESTPAC BANK OF TONGA (REPEAL) ACT 2015
Arrangement of Sections
Section
1 Short Title .............................................................................................................. 5
2 Repeal .................................................................................................................... 5
Westpac Bank of Tonga (Repeal) Act 2015 Section 1
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Act 2 of 2015 Page 5
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WESTPAC BANK OF TONGA (REPEAL) ACT 2015
Act 2 of 2015
AN ACT TO REPEAL THE WESTPAC BANK OF TONGA ACT [CAP 105]
I assent,
TUPOU VI,
27th May 2015.
BE IT ENACTED by the King and Legislative Assembly of Tonga in the
Legislature of the Kingdom as follows:
1 Short Title
(1) This Act may be cited as the Westpac Bank of Tonga (Repeal) Act 2015.
(2) In this Act, the Westpac Bank of Tonga Act (Cap 105), shall be referred to as
the Principal Act.
2 Repeal
The Principal Act shall be repealed with effect from the date the Westpac Bank of
Tonga Limited is purchased by any entity and upon revocation of the current
commercial banking licence of the Westpac Bank of Tonga issued under the Financial
Institutions Act.
Passed by the Legislative Assembly this 18th day of May 2015.