Answered
Question 36177 (2026)
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Asked by
Damien O'Connor
List MP · Labour Party
Question
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Further to the reply to written question 32024 (2026), how many civil penalty proceedings, prosecutions, and applications for court-ordered disposal were commenced under the Overseas Investment Act 2005 in each of the 2021/22 to 2025/26 financial years, and what was the total value of penalties imposed and of penalties actually collected, if any, in each of those years?
Answered by
Mike Butterick
Member for Wairarapa · National Party · Minister for Land Information
Answer
I refer the Member to the attachment. All penalties imposed were collected, except for $470,000 in penalties and costs award in one case in 2025/2026 where recovery was unlikely.
Answer attachment
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