BORA Overseas Investment (Owning Our Own Rural Land) Amendment Bill [pdf, 274 KB]
...we noted that the restriction on foreign ownership applied only to sensitive land, and that the limitation on the right was rationally connected to the Bill’s objective (to control ownership of sensitive New Zealand land by persons who are based offshore and whose connection with New Zealand is tenuous). Our analysis of the Bill is not materially different and we come to the same conclusion. Conclusion 11.We have concluded that the Bill appears to be consistent with the rights and fr...