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Overseas Investment (Exempt Investment from OECD Countries) Amendment Bill

Member’s bill in the name of Damien Smith introduced on Aug 5. The Bill will exempt investors from countries within the OECD from the need to receive Overseas Investment Office approval to invest in NZ, except in for residential land. Voted down at first reading on Sept 21 with only National and Act in favour. Overseas Investment (Exempt Investment from OECD Countries) Amendment Bill