Overseas Investment Act 2005

Consent and conditions regime - Miscellaneous provisions

62: Foreshore, seabed, riverbed, or lakebed acquired by the Crown under consent process is not subdivision

You could also call this:

"Land near water owned by the government isn't considered subdivided"

If the government gets ownership of a foreshore, seabed, riverbed, or lakebed through a consent process, you do not consider this a subdivision. The government got this rule repealed on 24 November 2021, through a change made by section 27 of the Overseas Investment Amendment Act 2021. This means the rule is no longer in effect.

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Part 2Consent and conditions regime
Miscellaneous provisions

62Foreshore, seabed, riverbed, or lakebed acquired by the Crown under consent process is not subdivision (Repealed)

    Notes
    • Section 62: repealed, on , by section 27 of the Overseas Investment Amendment Act 2021 (2021 No 17).