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Overseas Investment Act 2005

Consent and conditions regime - When consent required and criteria for consent - When consent required

10: Consent required for overseas investments in sensitive New Zealand assets

You could also call this:

"Before investing in special New Zealand things from overseas, you must ask for permission first."

If you want to invest in some New Zealand assets from overseas, you need to get consent first. This is because some assets are sensitive, like certain land or businesses. You can find out what sensitive land is by looking at section 12 and what significant business assets are by looking at section 13. You also need consent to invest in fishing quota, which is explained in sections 56 to 58B of the Fisheries Act 1996. This means you have to ask for permission before you can make some kinds of investments in New Zealand.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM358014.

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Part 2Consent and conditions regime
When consent required and criteria for consent: When consent required

10Consent required for overseas investments in sensitive New Zealand assets

  1. A transaction requires consent under this Act if it will result in—

  2. an overseas investment in sensitive land (see section 12):
    1. an overseas investment in significant business assets (see section 13).

      1. See also sections 56 to 58B of the Fisheries Act 1996, which require consent for a transaction that will result in an overseas investment in fishing quota.