Avoiding the Rocks: Advising Overseas Clients on their Obligations under the Overseas Investment Act

Webinar 1.25 CPD Hrs
Thu 18 August | 12:00PM - 1:15PM | At your desk or on your portable device

Synopsis

Advising a client on their obligations under the Overseas Investment Act 2005 is harder than it looks. The Act contains a number of very complex definitions, and demands a broad understanding of corporate, immigration, and land law. A well-prepared lawyer should be able to navigate these waters well; but increasingly, unprepared lawyers are finding themselves and their clients in rough waters, or even on the rocks.

This webinar will help you to determine whether your clients require consent under the Act, and help you to advise them of the consequences of this. It will also look at common mistakes and help you to avoid them.

Learning Outcomes 

In respect of the Overseas Investment Act:

  • Gain a better understanding of key terminology, including when land is ‘sensitive’ and when a person is an ‘overseas person’.
  • Gain insights into how the anti-avoidance provisions work.
  • Get to grips with the consent process.
  • Learn about common mistakes and how to avoid them.

Who should attend? 

Any lawyer advising overseas clients will benefit from attending, including those who already have some knowledge of the Overseas Investment Act, particularly property lawyers, commercial lawyers, general practitioners and immigration lawyers. Real estate agents, accountants and immigration advisors may also benefit from attending.

Presenters

Pedro Morgan
Senior Solicitor - Technical Leader
Overseas Investment Office

Pedro Morgan is a Senior Solicitor-Technical Leader in the OIO's monitoring and enforcement team. Pedro started with the former Overseas Investment Commission in 2004 Pedro has been involved in many of the OIO’s highest profile matters, including the purchase of the Crafar Farms.

Jenna Reid
Senior Solicitor - Technical Leader
Overseas Investment Office

Jenna Reid is a Senior Solicitor-Technical Leader in the OIO’s applications team. Jenna is responsible for assessing applications against the criteria in the Overseas Investment Act 2005 to determine whether consent may be granted to overseas purchasers. Jenna is also involved in the ‘QA’ process to ensure that only applications which meet the required standard are accepted for processing.