New Zealand Legislation: Acts

57A Interpretation of overseas investment fishing provisions

• (1) In sections 56 to 58B, unless the context otherwise requires,—

  interest in fishing quota means—

  • (a) provisional catch history, quota, or annual catch entitlement; or

  • (b) an interest in that provisional catch history, quota, or annual catch entitlement

  overseas investment fishing provisions means sections 56 to 58B

  overseas investment in fishing quota has the meaning set out in section 57D

  relevant Ministers means the Minister and the Minister of Finance.

  (2) In relation to the overseas investment fishing provisions,—

  • (a) the Overseas Investment Act 2005 incorporates those provisions as if they were part of that Act, so that a reference in that Act to this Act includes a reference to those provisions; and

  • (b) the terms associate, give effect to an overseas investment, overseas person, securities, transaction, and 25% or more ownership or control interest, and any other term or expression that is defined in the Overseas Investment Act 2005 and used in those provisions, has the same meaning as in that Act; and

  • (c) a term or expression that is defined in this Act and that is used in those provisions (and is not defined in the Overseas Investment Act 2005) has the same meaning in those provisions.

  Section 57A: substituted, on 25 August 2005, by section 73 of the Overseas Investment Act 2005 (2005 No 82).