Overseas Investment Act review to look at water extraction being considered when overseas buyers apply to buy rural land
A review of the Overseas Investment Act will look at whether water extraction should be considered when overseas buyers apply to buy rural land
18 August 2018
Parliament passed an amendment bill this week to stop overseas speculators
from buying houses.
The Green Party says the review will consider whether water extraction should
be taken into account when deciding whether to approve a sale.
Co-leader Marama Davidson made the announcement at the party's annual general
meeting in Palmerston North.
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