Applicant
CONFIDENTIAL
Case number(s)
201110071
Decision date
Type
Decision
DecisionConsent granted
Section 12(b) Overseas Investment Act 2005
Section 13(1)(a) Overseas Investment Act 2005
Decision date22 June 2011
InvestmentCONFIDENTIAL
ConsiderationCONFIDENTIAL
ApplicantCONFIDENTIAL
VendorCONFIDENTIAL
Background

CONFIDENTIAL

The overseas investment transaction has satisfied the criteria in sections 16 and 18 of the Overseas Investment Act 2005. The 'benefit to New Zealand' criterion was satisfied by particular reference to the following factors:

Overseas Investment Act 2005
17(2)(a)(i) – Creation/Retention of jobs
17(2)(b) – Indigenous Vegetation/Fauna
17(2)(e) – Walking Access

Overseas Investment Regulations 2005
28(a) – Consequential Benefits
28(f) – Advance significant government policy or strategy
28(j) – Mitigating Factor

More informationGavin J Macdonald
Bell Gully (Auckland)
PO Box 4199
AUCKLAND 1140