| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 21 September 2009 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 163.1018 hectares of land at 210 Tavistock Road, Waimate. |
| Consideration | $2,786,625 |
| Applicant | John Thomas Wilson United Kingdom (except Isle of Man and the Channel Islands) (100.0%) |
| Vendor | Roderick Thomas Hayman, Nicola Jane Hayman and MHS Trust Management Limited as trustees of the Opiro Family Trust New Zealand (100.0%) |
| Background | The Applicant, who intends to reside in New Zealand indefinitely, proposes to continue to operate the land as a farming unit by leasing it out for dairy support purposes. The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. |
| More information | Charlie Brown Rhodes & Co. PO Box 13444 CHRISTCHURCH |