Fisheries Act 1996

Quota management system - Overseas investment in and aggregation of quota

57B: Consent required for overseas investments in fishing quota

You could also call this:

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

Illustration for Fisheries Act 1996

You need consent for overseas investments in fishing quota. This is required if a transaction will result in an overseas investment in fishing quota. You can find more information about this in the Overseas Investment Act 2005.

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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=DLM396300.


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57A: Interpretation of overseas investment fishing provisions, or

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57C: Consent must be obtained before overseas investment given effect, or

"Get consent before overseas investors can buy or control something in New Zealand"

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

57BConsent required for overseas investments in fishing quota

  1. A transaction requires consent under the overseas investment fishing provisions if it will result in an overseas investment in fishing quota.

Notes
  • Section 57B: inserted, on , by section 73 of the Overseas Investment Act 2005 (2005 No 82).