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General Business
5 mins to read
2

OIA changes exacerbate anomalies, lawyers warn

“It’s a rushed piece of legislation, designed to address the government’s policy around banning overseas ownership" – Roger Wallis.

Calida Stuart-Menteath Fri, 03 Aug 2018

Overseas investment law changes are imminent but a law firm and major listed companies are concerned they’re going down the wrong path.

The Overseas Investment Amendment Bill has been through a select committee – where it was watered down – and was debated in Parliament on Wednesday,

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Calida Stuart-Menteath Fri, 03 Aug 2018
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
OIA (Official Information Act) Overseas Investment Act OIO Overseas Investment Amendment Bill chapman tripp Roger Wallis retirement sector retirement villages select committee
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