Second phase of overseas investment rules review announced
Associate Finance Minister David Parker has announced the Government’s second phase of review for overseas investment rules.
The Treasury is leading the phase two review, and has released terms of reference.
The review’s aim, having regard to the Act’s purpose “that it is a privilege for overseas persons to own or control sensitive New Zealand assets”, is to enable the Government to effectively manage overseas investment; while ensuring that the Act operates efficiently and effectively; and supporting overseas investment in productive assets.
Last updated on the 16th September 2019