New Zealand Legislation: Acts

25 Granting or refusal of consent

• (1) A consent under this Act may be—

  • (a) granted in respect of a proposed or specified transaction, instrument, or person:

  • (b) granted in respect of classes of transactions, instruments, or persons that the relevant Minister or Ministers determine:

  • (c) unconditional or subject to the conditions that the relevant Minister or Ministers think appropriate:

  • (d) granted subject to the payment of a bond:

  • (e) granted in whole or in part:

  • (f) granted retrospectively:

  • (g) refused.

  (2) A transaction may not be cancelled under section 29(1)(c) if it has been granted retrospective consent.