| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 27 March 2009 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 5.1700 hectares of land at 16 Signallers Grove, Wellington. |
| Consideration | $915,000 |
| Applicant | David Anthony and Jennifer Susan Pirotta United Kingdom (except Isle of Man and the Channel Islands) (100.0%) |
| Vendor | Lindsay Anthony de Bes and Maxine Bianca de Bes New Zealand (100.0%) |
| Background | The Applicants are married and intend to live in New Zealand permanently. Mr Pirotta intends to obtain permanent employment as Specialist Anaesthetist with the Capital and Coast District Health Board. The property will become the Pirottas' new family home. The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. |
| More information | Mark Clayton Coubrough Coubrough Law 10-070 Wellington 6143 |