- This is not current policy -
The policy in this manual ceases to be effective from 29 November 2010.
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semi-active investment
From policy: BK4.45 Definition of 'acceptable investment' (Active Investor Migrant Policy)
BK4.45.15 Definition of 'semi-active investment'
A semi-active investment is a direct or indirect investment (including managed funds) in the equity of an existing lawful enterprise(s) which undertakes significant economic activity in New Zealand and does not qualify as an active investment.
Effective 26/11/2007