Decision Summary - CONFIDENTIAL

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Decision Consent granted
Section 12(a) Overseas Investment Act 2005
Decision date 28 January 2009
Investment CONFIDENTIAL
Consideration CONFIDENTIAL
Applicant CONFIDENTIAL
Australia (71.42%), Various (26.53%), United Kingdom (except Isle of Man and the Channel Islands) (1.35%), New Zealand (0.35%), United States of America (0.35%)
Vendor CONFIDENTIAL
New Zealand (100.0%)

CONFIDENTIAL
Various (100.0%)
Background The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. The 'benefit to New Zealand' criterion was satisified by particular reference to the following factors:
  • Overseas Investment Act 2005
    • 17(2)(a)(i) – Creation/Retention of jobs
    • 17(2)(a)(iv) – Added market competition/Productivity
  • Overseas Investment Regulations 2005
    • 28(e) – Previous investments
    • 28(f) – Advance significant government policy or strategy
More information James Martin
Kensington Swan (Auckland)
Private Bag 92-101
AUCKLAND

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For overseas investment