| Decision | Consent Granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 25 August 2016 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 35.5460 hectares of land at 3163 Kawatiri Murchison Highway, Murchison. |
| Consideration | $305,000 |
| Applicant | Fairytale Investments Pty Limited Robert David Alfred Tilse, Australia (50.0%) Virginia May Tilse, Australia (50.0%) |
| Vendor | Gregory Charles Robertson New Zealand (100%) |
| Background | The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. The Applicants have migrated to New Zealand and plan to reside in New Zealand indefinitely. |
| More information | Tony Stallard Stallard Law Limited 92 Collingwood Street Nelson 7010 |