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New Maritime Bill Passed In Cook Islands
by Lorys Charalambous, Tax-News.com, Cyprus

25 February 2008

The recent passing of the Cook Islands Maritime and Transport Bill in Parliament repealed the Shipping Act 1998, which had a number of serious drawbacks.

It also brings the Cook Islands maritime legislation into line with International Maritime Organisation (IMO) requirements.

While the Cook Islands has applied for admission to IMO, the current Bill contains a "suite" of modern maritime legislation that reflects the full extent of international commitments and obligations.

The Bill is based on New Zealand's Maritime Transport Act which is consistent with IMO obligations but has been simplified significantly to avoid domestic considerations in the NZ legislation.

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