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.

Offshore Renewable Energy Bill

Regime for offshore renewable energy permits and infrastructure protection - Provisions relating to both feasibility permits and commercial permits - Permit transfers and changes in significant influence

47: Application for approval

You could also call this:

"Asking to take control of a company with a permit"

Illustration for Offshore Renewable Energy Bill

If you want to get or stop having a lot of control over a company that holds a permit, you can ask the Minister for approval. You do this by making an application to the Minister. The Minister will then consider your application to change who has significant influence over the permit holder.

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This page was last updated on 29 June 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS992191.

46: Approval required for change in significant influence over permit holder, or

"You need Minister's approval to change who controls a permit holder."

48: Minister’s decision on approval, or

"The Minister decides if a change in control of a permit holder is okay, considering rules and risks."

Part 2Regime for offshore renewable energy permits and infrastructure protection
Provisions relating to both feasibility permits and commercial permits: Permit transfers and changes in significant influence

47Application for approval

A person who proposes to obtain, or cease to have, significant influence over a permit holder may apply to the Minister for approval to the change in significant influence.