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BB4.10 Funds already held in New Zealand (26/07/1999)
  1. Funds held in New Zealand at when the application is made may be included in investment funds.
  2. Periods of investment in New Zealand before approval in principle cannot be taken into account when calculating the two-year investment period.
  3. Funds held in New Zealand must remain in an acceptable form of investment for a two-year investment period as if the funds had been transferred and invested from overseas.
  4. Funds held in New Zealand must originally have been transferred to New Zealand through the trading bank system, or have been earned or acquired lawfully in New Zealand.

Effective 26/07/1999

SEE ALSO

BB4.1 General rules for investment funds (20/11/2002)

BB4.5 Ownership of investment funds (29/09/2003)

BB4.15 Evidence of the principal applicant's funds and assets (26/07/1999)

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