Request was for answers to various questions relating to the disposal of land at Tasman Mill by NS Norway Holding AS (as a result of a technical breach of the Overseas Investment Act – the Act), and sale of land to other parties under the Overseas Investment Act.
Requestor was advised that consent was granted to PPP Operations (NZ) Limited and Oji Fibre Solutions (NZ) Limited to acquire land at the Mill. Clarification was also provided on the relationship between Norske Skog and NS Norway Holding.