Overseas Investment Act 2005 No 82 (as at 01 October 2008), Public Act

19 Applying good character and Immigration Act 1987 criteria
  • (1) For the purposes of sections 16(1)(c) and 18(1)(c), the relevant Minister or 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 sections 16(1)(d) and 18(1)(d), an individual is not an individual of the kind referred to in section 7(1) of the Immigration Act 1987 if a special direction referred to in section 7(3)(a)(ii) of that Act has been made permitting a permit to be granted or an exemption to apply to that individual under that Act.