Source: New Zealand Treasury:
The Treasury has released the Terms of Reference, as agreed by Cabinet on 29 March 2021, for the Overseas Investment Act 2005: Forestry Review.
The Review will be led by the Treasury, with input and support from Land Information New Zealand, the Overseas Investment Office, and Te Uru Rākau. It will: assess the operation and effectiveness of the forestry-related amendments introduced by the Overseas Investment Act 2018, and report to Associate Minister of Finance Hon David Parker – on any recommended changes – in 2022. The Treasury is aiming for public consultation on proposed policy options to take place in late 2021.
Wednesday, 5 May 2021