Plain language law

New Zealand law explained for everyone

Fisheries Act 1996

Quota management system - Overseas investment in and aggregation of quota

57A: Interpretation of overseas investment fishing provisions

You could also call this:

"What some words mean in rules about overseas investment in fishing"

Illustration for Fisheries Act 1996

When you read sections 56 to 58B, you need to know what some words mean. You will see words like "interest in fishing quota" which means having a share in fishing rights. The "overseas investment fishing provisions" refers to sections 56 to 58B. When you look at these provisions, you should know that the Overseas Investment Act 2005 is connected to them. This means that some words used in the Overseas Investment Act 2005 have the same meaning in these provisions. If a word is defined in the Fisheries Act 1996 and used in these provisions, it has the same meaning as in the Fisheries Act 1996. You can find more information about "overseas investment in fishing quota" in section 57D and about the Overseas Investment Act 2005 by following the link to the Overseas Investment Act 2005. The "relevant Ministers" are the Minister and the Minister of Finance. These provisions are part of the Fisheries Act 1996 and are connected to the Overseas Investment Act 2005, which you can find by following the link to the Overseas Investment Act 2005.

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 It might be out of date or be missing some parts.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=DLM396082.

Topics:
Business > Industry rulesEnvironment and resources > Farming and fishing
Previous

57: Overview of overseas investment fishing provisions, or

"Rules for overseas investors in New Zealand fishing"

Next

57B: Consent required for overseas investments in fishing quota, or

"Overseas investors need permission to buy New Zealand fishing quota."

Part 4Quota management system
Overseas investment in and aggregation of quota

57AInterpretation of overseas investment fishing provisions

  1. In sections 56 to 58B, unless the context otherwise requires,—

    interest in fishing quota means—

    1. provisional catch history, quota, or annual catch entitlement; or
      1. an interest in that provisional catch history, quota, or annual catch entitlement

        overseas investment fishing provisions means sections 56 to 58B

          overseas investment in fishing quota has the meaning set out in section 57D

            relevant Ministers means the Minister and the Minister of Finance.

            1. In relation to the overseas investment fishing provisions,—

            2. the Overseas Investment Act 2005 incorporates those provisions as if they were part of that Act, so that a reference in that Act to this Act includes a reference to those provisions; and
              1. any term or expression that is defined in the Overseas Investment Act 2005 and used in those provisions has the same meaning as in that Act; and
                1. a term or expression that is defined in this Act and that is used in those provisions (and is not defined in the Overseas Investment Act 2005) has the same meaning in those provisions.

                  Notes
                  • Section 57A: replaced, on , by section 73 of the Overseas Investment Act 2005 (2005 No 82).
                  • Section 57A(2)(b): replaced, on , by section 60 of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).