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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

50: Notification of change in significant influence

You could also call this:

"Tell the Minister if you gain or lose major control of a permitted company"

Illustration for Offshore Renewable Energy Bill

If you get or stop having a lot of control over a company that has a permit, you must tell the Minister. You have 20 working days to do this if you got permission for the change. If you did not get permission for the change, you must tell the Minister as soon as you can. You must do this after the change in control happens.

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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=LMS992194.

49: Change in circumstances during approval period, or

"Tell the Minister if your situation changes after getting approval"

51: Requirement for approval is in addition to other requirements, or

"You must follow all rules, including other laws, when making big changes."

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

50Notification of change in significant influence

A person who obtains, or ceases to hold, significant influence over a permit holder in accordance with an approval must notify the Minister no later than 20 working days after the change in significant influence takes effect.
A person who obtains, or ceases to hold, significant influence over a permit holder without an approval or outside the approval period must notify the Minister as soon as practicable after the change in significant influence takes effect.