New Zealand Legislation: Acts

23 Capacity as to property

• (1) Subject to subsection (2) and to any other enactment, every person who is not a New Zealand citizen shall be entitled to take, acquire, hold, and dispose of real or personal property in the same manner in all respects as if he were a New Zealand citizen.

  (2) Subsection (1) shall not—

  • (a) qualify an alien for any office, or for any parliamentary or other franchise, for which he is not otherwise qualified:

  • (b) qualify an alien to be the owner of a ship registered in New Zealand, or of a share in any such ship:

  • (c) entitle an alien to acquire property without any consent required under the Overseas Investment Act 2005:

  • (d) entitle a person to any right or privilege as a New Zealand citizen, except the rights and privileges conferred on him in respect of property by that subsection.

  Compare: 1948 No 28 s 3

  Section 23(2)(c): substituted, on 25 August 2005, by section 75 of the Overseas Investment Act 2005 (2005 No 82).