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Overseas Investment (Protection of New Zealand Homebuyers) Amendment Bill

Member's Bill
Published date: 11 May 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 amends the Overseas Investment Act 2005 to apply new restrictions on non-resident purchasers of New Zealand residential properties in order to better protect New Zealand homebuyers.
person
MP in charge
Hon Phil Twyford
confirmation_number Bill No.90-1
account_balance51Parliament

Progress of the Bill

  • groups
    Select Committee
  • 2
    Second Reading
  • Committee of whole House
  • 3
    Third Reading
  • Royal Assent
House sitting
Stage Sitting DateOutcome Type
First Reading 25 May 2016Interrupted Normal
First Reading 29 Jun 2016Not Agreed Normal
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First Reading

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

Resources