| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 1 October 2013 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 199.3847 hectares of land at 322 Finnis Road, Colyton, Feilding. |
| Consideration | $3,315,000 |
| Applicant | William and Caroline Adams-Bennion United Kingdom (100%) |
| Vendor | James & Marion Wilson New Zealand (100%) |
| Background | Mr and Mrs Adams-Bennion intend to move to and reside indefinitely in New Zealand. They will use the land as a residence and a working farm. The overseas investment transaction has satisfied the criterion in section 16(1)(e) of the Overseas Investment Act 2005. |
| More information | David Haigh Wynn Williams & Co PO Box 4341 CHRISTCHURCH 8140 |