This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the 28th day after the date of their notification in the Gazette, prescribe 2 additional factors that the relevant Ministers must consider under section 17(2)(g) of the Overseas Investment Act 2005 when determining whether an overseas investment in sensitive land will, or is likely to, benefit New Zealand.
Also, 4 companies are removed from the schedule of portfolio investors.
Date of notification in Gazette: 16 December 2010.
These regulations are administered by the Treasury.