VoteThe question was put that the following amendment in the name of Stuart Smith to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving viticulture8AArea of viticulture activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant viticultural investment) if—(a)the relevant viticultural investment is the acquisition of a right to use land for viticultural activity (the relevant viticultural right); and(b)the area of the relevant viticultural right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant viticultural investment) if—(a)the relevant viticultural investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for viticultural activity that is an interest in land described in section 12(a) (the relevant viticultural right); and(b)the area of the relevant viticultural right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant viticultural investment it does not require consent in relation to the relevant viticultural right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant viticultural investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant viticultural right:(b)the combined area of all other viticultural rights—(i)that related viticultural investors acquire in the same calendar year as that in which the relevant viticultural investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related viticulture investor means—(i)the person who makes the relevant viticultural investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related viticulture investor (B) is treated as acquiring a viticultural right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the viticultural right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the viticultural right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a viticultural right is acquired by a related viticulture investor before the relevant viticultural investment is given effect to.(6)In this clause area in relation to a viticultural right means the area of land covered by the viticultural right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of the Hon Amy Adams to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving pipfruit growing8AArea of pipfruit growing activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant pipfruit growing investment) if—(a)the relevant pipfruit growing investment is the acquisition of a right to use land for pipfruit growing activity (the relevant pipfruit growing right); and(b)the area of the relevant pipfruit growing right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant pipfruit growing investment) if—(a)the relevant pipfruit growing investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for pipfruit growing activity that is an interest in land described in section 12(a) (the relevant pipfruit growing right); and(b)the area of the relevant pipfruit growing right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant pipfruit growing investment it does not require consent in relation to the relevant pipfruit growing right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant pipfruit growing investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant pipfruit growing right:(b)the combined area of all other pipfruit growing rights—(i)that related pipfruit growing investors acquire in the same calendar year as that in which the relevant pipfruit growing investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related pipfruit growing investor means—(i)the person who makes the relevant pipfruit growing investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related pipfruit growing investor (B) is treated as acquiring a pipfruit growing right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the pipfruit growing right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the pipfruit growing right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a pipfruit growing right is acquired by a related pipfruit growing investor before the relevant pipfruit growing investment is given effect to.(6)In this clause area in relation to a pipfruit growing right means the area of land covered by the pipfruit growing right (including any right whether of the grantor or grantee to have the original area increased).(7)In this clause a right to use land means a right that is covered by this Act but that is not ownership of the land. A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of Simeon Brown to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving manuka8AArea of manuka activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant manuka investment) if—(a)the relevant manuka investment is the acquisition of a right to use land for manuka activity (the relevant manuka right); and(b)the area of the relevant manuka right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant manuka investment) if—(a)the relevant manuka investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for manuka activity that is an interest in land described in section 12(a) (the relevant manuka right); and(b)the area of the relevant manuka right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant manuka investment it does not require consent in relation to the relevant manuka right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant manuka investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant manuka right:(b)the combined area of all other manuka rights—(i)that related manuka investors acquire in the same calendar year as that in which the relevant manuka investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related manuka investor means—(i)the person who makes the relevant manuka investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related manuka investor (B) is treated as acquiring a manuka right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the manuka right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the manuka right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a manuka right is acquired by a related manuka investor before the relevant manuka investment is given effect to.(6)In this clause area in relation to a manuka right means the area of land covered by the manuka right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of the Rt Hon David Carter to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving horticulture8AArea of horticulture activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant horticulture investment) if—(a)the relevant horticulture investment is the acquisition of a right to use land for horticulture activity (the relevant horticulture right); and(b)the area of the relevant horticulture right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant horticulture investment) if—(a)the relevant horticulture investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for horticulture activity that is an interest in land described in section 12(a) (the relevant horticulture right); and(b)the area of the relevant horticulture right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant horticulture investment it does not require consent in relation to the relevant horticulture right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant horticulture investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant horticulture right:(b)the combined area of all other horticulture rights—(i)that related horticulture investors acquire in the same calendar year as that in which the relevant horticulture investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related horticulture investor means—(i)the person who makes the relevant horticulture investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related horticulture investor (B) is treated as acquiring a horticulture right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the horticulture right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the horticulture right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a horticulture right is acquired by a related horticulture investor before the relevant horticulture investment is given effect to.(6)In this clause area in relation to a horticulture right means the area of land covered by the horticulture right (including any right whether of the grantor or grantee to have the original area increased).(7)For the purposes of this clause a right to use land means a right that is covered by this Act but that is not ownership of the land. A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of Dan Bidois to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving tulips8AArea of tulip activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant tulip investment) if—(a)the relevant tulip investment is the acquisition of a right to use land for tulip activity (the relevant tulip right); and(b)the area of the relevant tulip right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant tulip investment) if—(a)the relevant tulip investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for tulip activity that is an interest in land described in section 12(a) (the relevant tulip right); and(b)the area of the relevant tulip right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant tulip investment it does not require consent in relation to the relevant tulip right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant tulip investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant tulip right:(b)the combined area of all other tulip rights—(i)that related tulip investors acquire in the same calendar year as that in which the relevant tulip investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related tulip investor means—(i)the person who makes the relevant tulip investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related tulip investor (B) is treated as acquiring a tulip right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the tulip right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the tulip right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a tulip right is acquired by a related tulip investor before the relevant tulip investment is given effect to.(6)In this clause area in relation to a tulip right means the area of land covered by the tulip right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of Simon O'Connor to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving almonds8AArea of almond activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant almond investment) if—(a)the relevant almond investment is the acquisition of a right to use land for almond activity (the relevant almond right); and(b)the area of the relevant almond right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant almond investment) if—(a)the relevant almond investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for almond activity that is an interest in land described in section 12(a) (the relevant almond right); and(b)the area of the relevant almond right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant almond investment it does not require consent in relation to the relevant almond right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant almond investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant almond right:(b)the combined area of all other almond rights—(i)that related almond investors acquire in the same calendar year as that in which the relevant almond investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related almond investor means—(i)the person who makes the relevant almond investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related almond investor (B) is treated as acquiring a almond right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the almond right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the almond right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if an almond right is acquired by a related almond investor before the relevant almond investment is given effect to.(6)In this clause area in relation to an almond right means the area of land covered by the almond right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of Tim van de Molen to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving maize8AArea of maize activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant maize investment) if—(a)the relevant maize investment is the acquisition of a right to use land for maize activity (the relevant maize right); and(b)the area of the relevant maize right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant maize investment) if—(a)the relevant maize investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for maize activity that is an interest in land described in section 12(a) (the relevant maize right); and(b)the area of the relevant maize right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant maize investment it does not require consent in relation to the relevant maize right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant maize investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant maize right:(b)the combined area of all other maize rights—(i)that related maize investors acquire in the same calendar year as that in which the relevant maize investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related maize investor means—(i)the person who makes the relevant maize investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related maize investor (B) is treated as acquiring a maize right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the maize right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the maize right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a maize right is acquired by a related maize investor before the relevant maize investment is given effect to.(6)In this clause area in relation to a maize right means the area of land covered by the maize right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of Andrew Bayly to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving hemp8AArea of hemp activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant hemp investment) if—(a)the relevant hemp investment is the acquisition of a right to use land for hemp activity (the relevant hemp right); and(b)the area of the relevant hemp right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant hemp investment) if—(a)the relevant hemp investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for hemp activity that is an interest in land described in section 12(a) (the relevant hemp right); and(b)the area of the relevant hemp right is less than 1000 hectares(3)To the extent that the transaction will result in the relevant hemp investment it does not require consent in relation to the relevant hemp right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant hemp investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant hemp right:(b)the combined area of all other hemp rights—(i)that related hemp investors acquire in the same calendar year as that in which the relevant hemp investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related hemp investor means—(i)the person who makes the relevant hemp investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related hemp investor (B) is treated as acquiring a hemp right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the hemp right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the hemp right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if a hemp right is acquired by a related hemp investor before the relevant hemp investment is given effect to.(6)In this clause area in relation to a hemp right means the area of land covered by the hemp right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.The question was put that the following amendment in the name of the Hon David Bennett to schedule 3 be agreed to: In Schedule 3 new Schedule 3 after clause 8 insert:Exemptions in respect of overseas investments in sensitive land involving equine bloodstock8AArea of equine bloodstock activity less than 1000 hectares(1)A transaction does not require consent to the extent that it will result in an overseas investment in sensitive land (the relevant equine bloodstock investment) if—(a)the relevant equine bloodstock investment is the acquisition of a right to use land for equine bloodstock activity (the relevant equine bloodstock right); and(b)the area of the relevant equine bloodstock right is less than 1000 hectares.(2)Subclause (3) applies to a transaction that will result in an overseas investment in sensitive land (the relevant equine bloodstock investment) if—(a)the relevant equine bloodstock investment is the acquisition of rights or interests in securities of a person who owns or controls (directly or indirectly) a right to use land for equine bloodstock activity that is an interest in land described in section 12(a) (the relevant equine bloodstock right); and(b)the area of the relevant equine bloodstock right is less than 1000 hectares.(3)To the extent that the transaction will result in the relevant equine bloodstock investment it does not require consent in relation to the relevant equine bloodstock right.(4)Subclause (1) or (3) (as the case may be) does not apply if immediately after the relevant equine bloodstock investment is given effect to the sum of the following area is 1000 hectares or more:(a)the area of the relevant equine bloodstock right:(b)the combined area of all other equine bloodstock rights—(i)that related equine bloodstock investors acquire in the same calendar year as that in which the relevant equine bloodstock investment is given effect to; and(ii)that are for a term of 3 years or more (including rights of renewal whether of the granter or the grantee).(5)For the purposes of subclause 4(b)(i)—(a)related equine bloodstock investor means—(i)the person who makes the relevant equine bloodstock investment; or(ii)any associate of that person; or(iii)a body corporate related to that person or to any associate of that person (as determined in accordance with section 12(2) of the Financial Markets Conduct Act 2013); and(b)a related equine bloodstock investor (B) is treated as acquiring an equine bloodstock right if—(i)B acquires rights or interests in securities of a person (C) who owns or controls (directly or indirectly) the equine bloodstock right and as a result of the acquisition B has (either alone or together with B's associates) a 25% or more ownership or control interest in C; or(ii)the equine bloodstock right comes under the ownership or control (direct or indirect) of a person in whom B has (either alone or together with B's associates) a 25% or more ownership or control interest; and(c)it does not matter if an equine bloodstock right is acquired by a related equine bloodstock investor before the relevant equine bloodstock investment is given effect to.(6)In this clause area in relation to an equine bloodstock right means the area of land covered by the equine bloodstock right (including any right whether of the grantor or grantee to have the original area increased).A party vote was called for on the question That the amendment be agreed to.Ayes 56New Zealand National 56.Noes 63New Zealand Labour 46; New Zealand First 9; Green Party 8.Amendment not agreed to.