| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 9 May 2012 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 53.0138 hectares of land at Airstrip Road, Otangaroa. |
| Consideration | $370,000 |
| Applicant | Erika Christa Studer Australia (100%) |
| Vendor | Scias Limited New Zealand (100%) |
| Background | The Applicant and her husband intend to reside in New Zealand indefinitely. The overseas investment transaction has satisfied the section 16(1)(e)(i) criterion of the Overseas Investment Act 2005. |
| More information | Rick Palmer Palmer Macauley PO Box 576 KERIKERI |