It has declared a level two alert to apply in Ouvea at 4pm (New Zealand time) and in Mare at 7pm.
The cyclone weakened earlier today to a category three as it moved away from Vanuatu.
And while it is more than 300 kilometres from Vanuatu, it is still bringing gale force winds, thunderstorms and a threat of flooding.
Forecasters said the cyclone is likely to weaken further later today.
Meanwhile, people in the Loyalty Island group have been preparing for the arrival of Hola.