vimarsana.com

ஓவர்‌ஸீஸ் முதலீடு திருத்தம் ர சி து News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Business Scoop » Overseas Investment Reform Protects Strategically Important Assets

Press Release – New Zealand Government 19 May 2021 New Zealands most strategically important assets will be protected from sales to overseas buyers that would be contrary to our national interests under a law that passed its third reading in Parliament today. Associate Finance Minister … 19 May 2021 New Zealand’s most strategically important assets will be protected from sales to overseas buyers that would be contrary to our national interests under a law that passed its third reading in Parliament today. Associate Finance Minister David Parker said the Overseas Investment Amendment Bill (No 3) was a significant milestone and the final step in the Government’s wide scale reforms to our overseas investment rules.

Overseas Investment Reform Protects Strategically Important Assets

Thursday, 20 May 2021, 5:08 am 19 May 2021 New Zealand’s most strategically important assets will be protected from sales to overseas buyers that would be contrary to our national interests under a law that passed its third reading in Parliament today. Associate Finance Minister David Parker said the Overseas Investment Amendment Bill (No 3) was a significant milestone and the final step in the Government’s wide scale reforms to our overseas investment rules. “As well as protecting our strategic assets it also ensures we are not imposing unnecessary hurdles on low risk investments that will support our economic recovery,” David Parker said. “The Overseas

National interest test on foreign investment doesn t reflect risk, select committee says

Report said investments were picked up that posed no risk to national security or national interest. Parliament’s Finance and Expenditure Select Committee has recommended changes to overseas investment legislation to make it a bit easier for foreign investors. Tougher rules came into effect after the country was hit by the Covid-19 pandemic, mainly in response to the government’s fear that strategic New Zealand assets could be picked off by foreign investors. The Urgent Measures Act introduced a national interest test and imposed tighter controls. Now the committee, chaired by Labour MP Dr Duncan Webb, has reported back on the Overseas Investment Amendment Bill (No 3), which would make permanent a number of changes introduced in the

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.