| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 17 February 2012 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 238.8976 hectares of land at Haylocks Road, Akaroa. |
| Consideration | $2,200,000 |
| Applicant | John Williams Gibbs & Charlotte Corbet Gibbs United Kingdom (100%) |
| Vendor | Onuku Heights Limited Eckhard D G Keppler, Germany (100.0%) |
| Background | The Applicants intend to reside indefinitely in New Zealand. The overseas investment transaction has satisfied the criteria in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | David Haigh Wynn Williams & Co PO Box 4341 CHRISTCHURCH 8140 |