Penrhyn (Naharakura Lease) Facilitation Act 1992 (No. 12 of 1992). Country/Territory Cook Islands Document type Legislation Date 1992 Source FAO, FAOLEX Long titleAn Act to provide for the leasing of land on Penrhyn and to provide for payment of adequate compensation in relation thereto. Subject Land & soil Keyword Land tenure Lease Contract/agreement Legal proceedings/administrative proceedings Geographical area Asia and the Pacific, Oceania, Polynesia, Small Island Developing States, South Pacific Abstract The Act makes provisions for the validation of leases of land concerned to the Cook Islands Government Property Corporation, for the preservation of rights of owners of leased lands, for the determination of interests of successors, for the establishment of the Naharakura Development Trust and for the payment of proceeds of leases into the Trust. Full text English Website www.paclii.org References - Legislation Amended by Penrhyn (Naharakura Lease) Facilitation Amendment Act 2009 (No. 6 of 2009). Legislation | Cook Islands | 2009 Keyword: Land tenure, Lease Source: FAO, FAOLEX