New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) The following persons must apply for consent to an overseas investment transaction:
(a) each overseas person or associate making the overseas investment; and
(b) if the transaction comes within section 12(b) or section 13(1)(a) because of the issue, buyback, or cancellation of securities, and consent has not been obtained by a person under paragraph (a), the issuer of the securities.
(2) In addition, the regulator may require any other party to the overseas investment transaction, or any associate of the person referred to in subsection (1)(a) in relation to the overseas investment, to be a party to the application.