Overseas Investment Act 2005

Consent and conditions regime - Enforcement - Administrative penalties

53: Administrative penalty for retrospective consent

You could also call this:

"Paying a penalty when you apply late for permission to invest overseas"

If you apply for a retrospective consent, the regulator may ask you to pay an administrative penalty before they grant the consent. You have to pay this penalty before you get the consent. The regulator gets to decide if you need to pay the penalty.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM358073.


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52: Administrative penalties for late filing, or

"Paying a penalty for filing documents late with the government"


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54: Address for service, or

"You must have a New Zealand address to get important documents if you're involved in overseas investments."

Part 2Consent and conditions regime
Enforcement: Administrative penalties

53Administrative penalty for retrospective consent

  1. The regulator may require the applicant for a retrospective consent to pay an administrative penalty before the consent is granted.