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Overseas Investment Act 2005

Consent and conditions regime - Information-gathering powers

39: Regulator may require any person to provide information for statistical or monitoring purposes

You could also call this:

"The regulator can ask for information to help track overseas investments in New Zealand."

The regulator can ask you to provide information about overseas investments in New Zealand. They will send you a written notice saying what information they need and why they need it. They might need the information to compile statistics about overseas investment in New Zealand or to check if someone is following the rules of a consent or exemption.

You must give the regulator the information they ask for, in the way they specify, and by the time they say. You have to provide the information in the form the regulator asks for. The regulator can keep or copy any information you give them.

The regulator is doing this to make sure people follow the rules about investing in New Zealand, and to gather information about overseas investments.

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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=DLM358053.

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Part 2Consent and conditions regime
Information-gathering powers

39Regulator may require any person to provide information for statistical or monitoring purposes

  1. The regulator may, by notice in writing, require any person with information relevant to overseas investments in sensitive New Zealand assets or call-in transactions to provide the regulator with the information specified in the notice for the purpose of—

  2. compiling statistical information relating to overseas investment in New Zealand; or
    1. monitoring compliance with a term or condition of a consent, an exemption, an exemption certificate, a direction order, an interim direction order, a prohibition order, or a disposal order.

      1. The person must—

      2. comply with the regulator's notice within the time, and in the manner, specified in it; and
        1. provide the information in the form specified in the notice.

          1. The regulator may retain or copy any information that is provided under this section.

          Notes
          • Section 39(1): amended, on , by section 27(1) of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).
          • Section 39(1)(b): replaced, on , by section 27(2) of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).
          • Section 39(2)(a): amended, on , by section 32(2) of the Overseas Investment Amendment Act 2018 (2018 No 25).