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17OIOW

Overseas Investment Act - advising clients

NZ $30.00
Kirsty 124px Jenna 124px
Kirsty Millard
Team Manager
Overseas Investment Office
Wellington
Jenna Reid
Acting Team Manager
Overseas Investment Office
Wellington

Author: Kirsty Millard, Jenna Reid
Published: 20 March 2017
Pages: 23

Introduction

As a result of last year’s increase in application fees, the Overseas Investment Office (OIO) has increased its staff numbers and changes have been made to the applications process and the enforcement team.

An application for consent under the Overseas Investment Act 2005 (Act) can be far from
straightforward, especially if the overseas investor’s advisors are unclear about the process or what is needed from them and their client.

The first part of this paper looks at the changes to the applications process, new forms and technical resources.

The second part considers the OIO’s enforcement function and strategic priorities.

Content outline

  • Overseas investment act – advising clients
    • Changes to the applications process
    • New forms
    • Technical resources
    • The OIO’s enforcement function and strategic priorities
    • What role do you have to play when advising overseas investors (or their agents)?
    • Matters to watch out for
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