| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 27 August 2009 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 8.6578 hectares of land at 164 Mackenzies Road, Waipara, Hurunui, Canterbury. |
| Consideration | $697,500 |
| Applicant | Patrick Charles Merry United Kingdom (except Isle of Man and the Channel Islands) (100.0%) |
| Vendor | Roger Ferguson Gunn and Bronwen Christine Gunn New Zealand (100.0%) |
| Background | The Applicant has decided to immigrate to New Zealand with his family. He has obtained permanent residency and full time employment as the manager of a mechanical repair business. The Applicant, who intends to reside in New Zealand indefinitely, is acquiring the relevant land as a family home for him and his family. The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. |
| More information | Patrick Costelloe Malley & Co PO Box 1202 CHRISTCHURCH |