New Zealand Legislation: Acts

57C Consent must be obtained before overseas investment given effect

• (1) Consent must be obtained for a transaction before the overseas investment is given effect under the transaction.

  (2) The procedure for obtaining consent (including who must obtain consent) is set out in subpart 2 of Part 2 of the Overseas Investment Act 2005.

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