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Issues covered include: emergency notification regime, national interest" test, call-in power, "benefit to New Zealand" test, OIO application
Recently announced changes to the Overseas Investment Act will bring in emergency measures intended to mitigate the economic effects of Covid-19 and barriers to foreign investment in New Zealand, alongside some enduring changes to how investments are assessed by the Overseas Investment Office.
Attend and earn 1 CPD hour
Christina will cover:
Presented by Christina Lefever, Special Counsel, Duncan Cotterill
Learning Objective: Gain a critical update of the Overseas Investment Act and the OIO Regime.
Christina specialises in corporate and commercial law with a particular focus on overseas investment, structuring, acquisitions and corporate finance. Her experience with the Overseas investment Act consent process includes involvement in over 40 Overseas Investment Office (OIO) applications, primarily in the agricultural sector (including farming, forestry and horticulture), and she is a member of the OIO’s Legal Reference Group. Along with a comprehensive knowledge of the Overseas Investment Act and Regulations, Christina understands the practicalities associated with the application process (including applications for variations and exemptions) and the key issues that clients face. Christina has a detailed knowledge of the recent legislative changes that impacted residential housing and forestry and has prepared OIO applications under a number of the new legislative tests.