57I Applying good character and Immigration Act 2009 criteria

(1)

For the purposes of section 57G(1)(d), the relevant Ministers must take the following factors into account (without limitation) in assessing whether or not a person (A) is of good character:

(a)

offences or contraventions of the law by A, or by any person in which A has, or had at the time of the offence or contravention, a 25% or more ownership or control interest (whether convicted or not):

(b)

any other matter that reflects adversely on the person’s fitness to have the particular overseas investment.

(2)

For the purposes of section 57G(1)(e), an individual is not an individual of the kind referred to in section 15 or 16 of the Immigration Act 2009 if a special direction referred to in section 17(1)(a) of that Act has been made permitting a visa and entry permission to be granted to that individual under that Act.

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

Section 57I heading: amended, at 2 am on 29 November 2010, by section 406(1) of the Immigration Act 2009 (2009 No 51).

Section 57I(2): substituted, at 2 am on 29 November 2010, by section 406(1) of the Immigration Act 2009 (2009 No 51).