Overseas Investment Act 2005

Consent and conditions regime - Administration

36: Regulator may issue guidelines

You could also call this:

"The regulator can create rules to help people follow the Overseas Investment Act 2005."

The regulator can make guidelines about certain things, like offering land to the Crown or what information you need to provide when you apply. You need to follow these guidelines when you are applying for consent under the Overseas Investment Act 2005. The regulator can also make guidelines about other matters related to overseas investment in New Zealand.

The regulator can make guidelines about things like monitoring if people are following the conditions of their consent, or what criteria are used to decide if someone intends to live in New Zealand forever. The regulator must get approval from the Minister before they can issue a guideline.

You can find more information about the changes to the guidelines in the Overseas Investment (Urgent Measures) Amendment Act 2020.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM358049.


Previous

35: Ministerial directive letter must be published, etc, or

"The Government must make important letters public so everyone can see them."


Next

37: Regulator must keep list of reserves, parks, and other sensitive areas, or

"Regulator must keep a list of special New Zealand areas like parks and reserves."

Part 2Consent and conditions regime
Administration

36Regulator may issue guidelines

  1. The regulator may issue guidelines about the following things:

  2. the offer of foreshore, seabed, riverbed, or lakebed to the Crown:
    1. offer requirements for farm land:
      1. monitoring compliance with conditions of consent:
        1. the level of information that must be provided in an application:
          1. the criteria to be taken into account in deciding whether an overseas person intends to reside in New Zealand indefinitely:
            1. matters relating to the national interest, national security, public order, and risk management actions:
              1. any other matters relating to applications, the criteria and consent process, and the rules on overseas investment in sensitive New Zealand assets.
                1. The regulator must not issue a guideline unless it has first been approved by the Minister.

                Notes
                • Section 36(1)(ea): inserted, on , by section 24 of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).