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Edit Business | Land Information New Zealand
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Story Land Information New Zealand is the public service department of New Zealand charged with geographical information and surveying functions as well as handling land titles, and managing Crown land and property.The current Minister for Land Information is Louise Upston.The New Zealand Geographic Board secretariat is part of LINZ and provides the Board with administrative and research assistance and advice.Nature and scope of functionsLINZ’s purpose is to: maintain and build confidence in property rights in land, geographic and hydrographic information, and encourage land information markets to develop and mature. LINZ has three core roles: transaction management – maintaining and operating the regulatory framework and systems for rights and transactions involving land information management – generating, collecting, compiling, and providing geographic and hydrographic information, and information relating to property rights and transactions, and land management – administering a range of Crown-owned lands for the benefit of the New Zealand public.Transaction managementLINZ oversees the regulatory framework and systems for defining, and dealing in, property rights in land. Functions include:maintaining and improving regulatory frameworks used to define and transact land administering the process by which land is transferred, including creating new titles, and recording changes of ownership and interests in land providing a secure environment for buying, selling and subdividing land through guaranteed titles for property dealings, and an accurate system of land boundary definition providing a nationally consistent valuation system for rating purposes, and administering New Zealand’s inbound investment regime under the Overseas Investment Act 2005.
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