Cabinet paper

Cabinet Paper LEG-24-SUB-0027: Amending the Overseas Investment Act 2005 to Support Investment in Build-to-Rent

Publication type:
Cabinet paper
Status:
Current
Document (signed) date:
Issue date:
Version note:

Some parts of this release would not be appropriate to release and, if requested, would be withheld under the Official Information Act 1982 (the Act). Where this is the case, the relevant sections of the Act that would apply have been identified. Where information has been withheld, no public interest has been identified that would outweigh the reasons for withholding it.

Part of:
Corporate author:
Office of the Minister of Finance
Viewpoint:
Government
Publication category:
Official information
Copyright:
© Crown Copyright, Attribution 4.0 International (CC BY 4.0)
Ministerial portfolio:
Finance
Last updated:
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Accessible version

Only the Proposal section of this Cabinet paper is extracted below in HTML. If you require a full accessible version please contact [email protected] and cite Cabinet Paper LEG-24-SUB-0027 as a reference.

Amending the Overseas Investment Act 2005 to Support Investment in Build-to-Rent#

Proposal

1 This paper seeks agreement to amend the Overseas Investment Act 2005 (the Act) to better enable build-to-rent (BTR) housing, and approval to issue a Ministerial Directive Letter to the regulator, Land Information New Zealand – Toitū te Whenua (LINZ).

2 Consistent with paragraph 2.39 of the Cabinet Manual, I submit this paper with the knowledge and approval of the Minister of Finance.

[Extract ends]

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