National Reserve Bank of Tonga (Amendment) Act 1990
National Reserve Bank of Tonga (Amendment)
Act 1990 Section 1





Act 7 of 1990
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NATIONAL RESERVE BANK OF TONGA
(AMENDMENT) ACT 1990

Act 7 of 1990

AN ACT TO AMEND THE NATIONAL RESERVE BANK
OF TONGA ACT

I assent,
TAUFA'AHAU TUPOU IV,

12th July, 1990

[13th June, 1990]

BE IT ENACTED by the King and the Legislative Assembly of Tonga in the
Legislature of the Kingdom as follows:

1.

(1) This Act may be cited as the National Reserve Bank of Tonga
(Amendment) Act 1990.

(2) The National Reserve Bank of Tonga Act, 1988 is in this Act referred to
as the Principal Act.

2. Section 8 of the Principal Act is amended by inserting the following new sub-
section after sub-section (2):

Section 2
National Reserve Bank of Tonga (Amendment)

Act 1990





Act 7 of 1990 Page 2
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“(3) It shall be lawful for an interim distribution of profit to be paid to
the general revenue of the Kingdom after the 31st December in any
year.”.



Passed in the Legislative Assembly this 13 day of June 1990.