Decision Summary - Kirby (Alexandre Daniel) of United Kingdom

Decision number	200610048
Application number	200610047
Date	3 May 2006
Offeror/applicant	Kirby (Alexandre Daniel) of United Kingdom
Ultimate applicant beneficial ownership	100 percent - United Kingdom
Beneficial overseas ownership
- Asset current	0 percent
- Asset proposed	100 percent
- Share current	N/A
- Share proposed	N/A
Offeree(s)/seller(s)	Keating (Michael Anthony and Dawn Patricia) of New Zealand
Business activities	Lifestyle Property
Details of land involved	1.1542 hectares of freehold situated at 4316 State Highway 23, Raglan being CT SA66B/806 (South Auckland Registry).
Regions involved	Waikato
Total consideration	$930,000
Consent sought	To acquire: an interest in land which, either alone or together with any associated land of that type, is or includes non-urban land and exceeds 5 hectares in area; and an interest in land which, either alone or together with any associated land, exceeds 0.2 hectares and adjoins the foreshore.
Rationale	The application has been approved as it met the criteria. The Overseas Investment Office is satisfied that the individuals with control of the Applicant collectively have business experience and acumen relevant to the overseas investment, and that the Applicant has demonstrated financial commitment towards the overseas investment. The Overseas Investment Office is further satisfied that each individual that exercises control over the Applicant is of good character and is not an individual of the kind referred to in section 7(1) of the Immigration Act 1987. The Applicant who has applied for New Zealand permanent residency under the Skilled Migrant category, proposes to acquire the subject property as a permanent residence for himself and his family. The Applicants are demonstrating a commitment to New Zealand through applying for and taking up New Zealand permanent residency.
Contact	Juanita Lidgard Jon Webb PO Box 132 HAMILTON

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