OBS_VALUE: The Radiocommunications Act 1989 establishes a property rights regime in NZ for radio spectrum, and the Act has provisions for transfers of rights established under the regime.Additional Source: Radiocommunications Regulations, SR 2001/240 , section 15G Transfer of radio licence (link: http://www.legislation.govt.nz/regulation/public/2001/0240/latest/whole.html#DLM1219916)