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 - Miscellaneous provisions

61: Permits are not real or personal property

You could also call this:

"You can't own or sell permits like you own a house or a toy."

Illustration for Offshore Renewable Energy Bill

If a new law is passed, you will not be able to own a permit like you own a house or a toy. The law says a permit is not real property, like a house, and it is not personal property, like a toy. This means you cannot buy or sell a permit like you can with other things you own.

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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=LMS998428.

60: Effect of expiry, revocation, or surrender, or

"What happens to your responsibilities when a permit ends or is cancelled"

62: Effect of liquidation or loss of registration, or

"What happens to offshore energy permits if a company closes or is removed from the register"

Part 2Regime for offshore renewable energy permits and infrastructure protection
Provisions relating to both feasibility permits and commercial permits: Miscellaneous provisions

61Permits are not real or personal property

A permit is neither real nor personal property.