DecisionConsent Granted
Section 12(a) Overseas Investment Act 2005
Decision Date25 August 2016
InvestmentAn overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 35.5460 hectares of land at 3163 Kawatiri Murchison Highway, Murchison.
Consideration$305,000
ApplicantFairytale Investments Pty Limited
Robert David Alfred Tilse, Australia (50.0%)
Virginia May Tilse, Australia (50.0%)
VendorGregory Charles Robertson
New Zealand (100%)
Background

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

The Applicants have migrated to New Zealand and plan to reside in New Zealand indefinitely.

More informationTony Stallard
Stallard Law Limited
92 Collingwood Street
Nelson 7010