| Decision number | 200810044 |
|---|---|
| Application number | 200810030 |
| Date | 26 May 2008 |
| Offeror/applicant | Jensen (Henrik) & Voysey (Alison) |
| Ultimate applicant beneficial ownership | 50 percent - United Kingdom, Voysey (Alison) 50 percent - United Kingdom, Jensen (Henrik) |
| Beneficial overseas ownership | |
| - Asset current | 0 percent |
| - Asset proposed | 100 percent |
| - Share current | N/A |
| - Share proposed | N/A |
| Offeree(s)/seller(s) | DHM Laboratory Limited 50 percent - New Zealand, Brake (Sophie Elizabeth) 50 percent - New Zealand, Brake (Richard John) |
| Business activities | Lifestyle Property |
| Details of land involved | 40.784 hectares of freehold situated at 463 Wairamarama Road, Onewhero, South Auckland being CT 190803 (South Auckland). |
| Regions involved | South Auckland |
| Total consideration | $1,158,750 |
| Consent sought | To acquire an interest in land which, either alone or together with any associated land of that type, is or includes non-urban land and exceeds 5 hectares in area. |
| Rationale | The application has been approved as it met the criteria. The Overseas Investment Office is satisfied that the Applicants have business experience and acumen relevant to the overseas investment, and that the Applicants have demonstrated financial commitment towards the overseas investment. The Overseas Investment Office is further satisfied that each of the Applicants is of good character and is not an individual of the kind referred to in section 7(1) of the Immigration Act 1987 and that the Applicants are intending to reside in New Zealand indefinitely. Background to the Investment: Outline of the investment: Rationale for the Investment:
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| Contact | Kim-Shiree Hawkins Franklin Law PO Box 43 PUKEKOHE |