DecisionConsent granted
Section 12(a) Overseas Investment Act 2005
Decision Date9 August 2016
InvestmentAn overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 8.0937 hectares of land at 136 Harley Road, Tasman.
Consideration$1,400,000
ApplicantNigel David Howard and Dawn Susan Anderson Howard
United Kingdom (100%)
VendorWayne Gilbert Wooff and Nini Christina Wooff
New Zealand (100%)
Background

The Applicants intend to migrate to New Zealand and reside in New Zealand indefinitely.

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

More informationCatherine Reid
Barrister
catherine@catherinereid.co.nz