Calum Kerr McKenzie & Felicity Jane McKenzie
| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 19 December 2011 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of:
|
| Consideration | $1,360,000 |
| Applicant | Calum Kerr McKenzie & Felicity Jane McKenzie United Kingdom (100%) |
| Vendor | Gayle Elaine Lloydd & Shane Michael Lloydd New Zealand (100%) |
| Background | The Applicants intend to reside indefinitely in New Zealand. They are acquiring the land to use as a grazing and fattening block for cattle. The Applicants may at a later date explore the possibility of converting the land into a dairy farm or use it as a run-off block should they acquire an additional dairy farm in the area. The overseas investment transaction has satisfied the criteria in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Richard Palmer Palmer Macauley PO Box 576 KERIKERI |
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