It will be interesting to see what happens after the cut off date. Who is going to enforce this ruling, banks, companies, IRC or the Bank of PNG?
If this ruling is physically implemented, businesses in PNG who rely heavily on expatriates in their workforces are going to be seriously implicationed.
It's can be a major problem trying to TT money from PNG, especially if you have liabalities offshore. Additional to this you are limited to a maximum of K10,000 per day and K200,000 p/a that can be sent offshore without IRC approval. That only equates to about $82,0000 AUD at the current exchange rate.