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Overseas Investment (Exempt Investment from OECD Countries) Amendment Bill

Member's Bill
Published date: 10 Nov 2023

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill will exempt investors from countries within the OECD from the need to receive Overseas Investment Office approval to invest here, except in respect of investments in residential land.
person
MP in charge
Damien Smith
confirmation_number Bill No.58-1
account_balance53Parliament
description

Read the bill

Link to NZ Legislation website

Progress of the Bill

  • groups
    Select Committee
    Terminated
    Not Agreed
  • 2
    Second Reading
  • Committee of Whole House
  • 3
    Third Reading
  • Royal Assent
House sitting
Stage Sitting DateCalendar DateOutcome Type
First Reading 30 Aug 202201 Sep 2022Interrupted Extended
First Reading 20 Sep 202221 Sep 2022Not Agreed Normal
info_outline
First Reading

The House debates and votes on the bill. It is usually referred to a select committee.

A "sitting day" can last more than one day when the House is in urgency or an extended sitting. In this case, all business is officially recorded as happening on the date the sitting started (the sitting date), even if the actual date (the calendar date) is different. Find out more.

Resources

  • Member(s) in charge: Damien Smith
    Type of Bill: Member's
    Parliament: 53
    Bill no: 58-1
    Introduction: 04 Aug 2021
    First reading not agreed: 20 Sep 2022