5. After Part XVA of the Crimes Act the following Part is inserted:
“557. (1) The Executive may, by instrument, grant to a person a pardon in respect of an offence of which that person has been convicted.
“(2) A pardon granted to a person under subsection (1) in respect of an offence discharges the person from any further consequences of the conviction for that offence.
“558. The Executive may, by instrument, remit, in whole or in part, a sentence of imprisonment imposed on, a fine or other monetary penalty ordered to be paid by, or a forfeiture of property ordered to be forfeited by, a person on conviction for an offence against a law of the Territory.”.