developing_residential_land_-_investment_plan_template_one-off_consent.docx

Submissions addressing the requirement for the

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Submissions addressing the requirement for the business to continue (or likely continue) for a reasonable period of time, given the circumstances and nature of the business. If you are applying under the incidental residential use test, submissions addressing the requirement that the relevant business is not (or is only exceptionally) in the business of using land for residential purposes. 6. 8 OIO Investment Plan Template (One-off Consent): Increased Housing / Non Residential Use / Incidental Residential Use - October 2018
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Non-residential use Will the residential land be used for, or likely used for, non-residential purposes in the ordinary course of the relevant business? Draw on your investment story to address this criterion. Required content Provide the following: Identification of the non-residential purpose the land will be used for and when that use will commence. Confirmation of the extent to which you will use the land for this non-residential purpose. If you will only use part of the land for this purpose, confirm whether you are applying under another test for the remainder or intend to on-sell it (identify the timeframe for on-sale if the latter applies). Confirmation the land to be retained by the applicant will not be used or held (or likely to be used or held) for any residential purposes. Comments (if any) you wish to make about the non-residential use and (if relevant) on-sale conditions we must impose. 7. If the non-residential use will not, or is unlikely to, occur within a short period (e.g. one year), will: (a) the non-occupation outcome occur or be likely to occur; or (b) the incidental residential use test be met; in the interim? If you are relying on (a), provide the required content below. If you are relying on (b), then state this and complete the incidental residential use section. You may also make submissions on why you consider a longer than one year period qualifies as a ‘short period’ in the context of the investment. Required content Provide the following: If you are relying on (a): o Confirmation that no person of the class described in clause 17 of Schedule 2 of the Act will occupy the relevant land (i.e. any ROP, 25% or more owner / controller of the ROP, occupier on other than arms length terms, person with a beneficial interest or entitlement in the land, or (if the ROP includes a trust) any person who may benefit from the trust); or o Identification of the person likely to occupy the land (or class of person) and the basis on which they would be permitted to do so (i.e. they have consent to do so or are exempt from the non-occupation outcome); and o Comments (if any) you wish to make about the non-occupation condition we must impose. 9 OIO Investment Plan Template (One-off Consent): Increased Housing / Non Residential Use / Incidental Residential Use - October 2018
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If relevant, submissions on why you consider a longer than one year period qualifies as a ‘short period’ in the context of the investment.
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  • Fall '19
  • Game Theory, Following, Public Land Survey System, The Land is Ours, Land Information New Zealand

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