Alarm over intent to include 'forestry rights’ in OIA
Proposal could deter foreign investment – and cut government's goal of planting one billion trees in a decade off at the knees.
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A Treasury consultation paper on a proposal to define ‘forestry rights’ as ‘sensitive land’ under the Overseas Investment Act has prompted fears of a significant and adverse impact on New Zealand’s forestry industry and landowners.
It also, says Mark Forman, who heads MinterEllisonRuddWatts’
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Nick Grant
Wed, 24 Jan 2018
Wed, 24 Jan 2018
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Alarm over intent to include 'forestry rights’ in OIA
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