An enquiry made into the forestry rights held by China Forestry Group New Zealand Company in New Zealand owned property and whether they were lawfully obtained.
The OIA response provides information regarding the consent acquired by China National Forest Products Trading Corporation & China National Forest Products Industry Corporation in relation to a freehold interest in 2,132 hectares in the Coromandel District and whether consent was required in relation to any forestry right over that property. In addition, the OIA response discusses the 1000-hectare threshold for the acquisition of a forestry right under the Overseas Investment Act 2005 and why it did not apply to the forestry rights acquired over Records of Title 559841 and 559840.