This page is about a bill. That means that it's not the law yet, but some people want it to be the law. It could change quickly, and some of the information is just a draft.
The purpose of this proposed law is to help you understand what it aims to achieve. This law wants to make it clearer for people who want to invest in offshore renewable energy developments. It also wants to help choose the developments that are best for New Zealand's interests.
This proposed law has a few goals, including helping to manage risks to the government and the public from these developments. You will see that it tries to balance the needs of investors with the needs of the country. It aims to make sure that offshore renewable energy developments are good for New Zealand.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS992006.
The purpose of this Act is to—
