DecisionConsent granted
Section 12(a) Overseas Investment Act 2005
Decision date21 December 2011
InvestmentAn overseas investment in sensitive land, being the Consent Holder's acquisition of a freehold interest in 817.7573 hectares of land at Western Lake Road, South Wairarapa.
ConsiderationCONFIDENTIAL
ApplicantAnglin Classics, LLC
James F. Cameron, Canada (100%)
VendorPounui Holdings Limited
William Shaw, New Zealand (50.0%)
Annette Shaw, New Zealand (50.0%)
Background

James F Cameron and his family intend to reside indefinitely in New Zealand and are acquiring the property to reside on and operate as a working farm.

The overseas investment transaction has satisfied the criteria in section 16(1)(e)(i) of the Overseas Investment Act 2005.

More informationAndrew Petersen
Bell Gully (Auckland)
PO Box 4199
AUCKLAND 1140