New Zealand Legislation: Acts

10 Consent required for overseas investments in sensitive New Zealand assets

• (1) A transaction requires consent under this Act if it will result in—

  • (a) an overseas investment in sensitive land (see section 12):

  • (b) an overseas investment in significant business assets (see section 13).

  (2) See also sections 56 to 58B of the Fisheries Act 1996, which require consent for a transaction that will result in an overseas investment in fishing quota.