Section 12(a) Overseas Investment Act 2005
|Decision date||30 April 2012|
|Investment||An overseas investment in sensitive land, being the Applicant’s acquisition of a freehold interest in 13.4315 hectares of land at Western Lake Road, South Wairarapa.|
|Applicant||Anglin Classics, LLC|
James F. Cameron, Canada (100.0%)
|Vendor||Nicholas Francis Allen, Juliana Sara Allen and Gillian Mary Steel|
New Zealand (100%)
James F. Cameron and his family intend to reside indefinitely in New Zealand. They are acquiring the land as part of a larger acquisition of land in South Wairarapa which they will use as a residence and working farm.
The overseas investment transaction has satisfied the section 16(1)(e)(i) criterion of the Overseas Investment Act 2005.
|More information||Andrew Petersen|
PO Box 4199