Readers who wish to review the complete text of pending New Zealand legislation which will require that corporate directors must reside in New Zealand, can finds it on the country's legislative website*. The proposed law, which is intended to give Kiwi law enforcement agencies and regulators access to directors, also add criminal penalties, is worth a read.
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* It is known as the Companies and Limited Partnerships Amendment Bill
http://www.legislation.govt.nz/default.aspx
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