New Zealand – OIC Overseas Investment Changes

New Zealand – OIC Overseas Investment Changes

On 29  October 2021, NZ OIC updated on preparations for final Overseas Investment Act law reform changes, while staying on top of business-as-usual consent applications.

  • October 2021 issue of Panui discussed: benefit to New Zealand test changes; new assessment timeframes; law reform resources; and notification when forms change.
  • Plus assistance in understanding overseas investment rules after reforms are in effect.
  • The new benefit to New Zealand test changes come into force from 24 November 2021