The Act outlines changes to various sections, including definitions, notification requirements, and penalties for non-compliance. One significant amendment is the inclusion of a definition for certificate of registration, which now encompasses approval certificates issued under the repealed Act. The Act also specifies the validity period of a certificate of registration and the requirements for notifying the Chief Executive Officer of any changes to business details. The Act emphasizes the importance of transparency and compliance with regulations governing foreign investment activities in Vanuatu and aims to streamline processes, enhance accountability, and ensure that foreign investors adhere to the prescribed guidelines.