| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 9 August 2016 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 8.0937 hectares of land at 136 Harley Road, Tasman. |
| Consideration | $1,400,000 |
| Applicant | Nigel David Howard and Dawn Susan Anderson Howard United Kingdom (100%) |
| Vendor | Wayne Gilbert Wooff and Nini Christina Wooff New Zealand (100%) |
| Background | The Applicants intend to migrate to New Zealand and reside in New Zealand indefinitely. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Catherine Reid Barrister catherine@catherinereid.co.nz |