BI9.10 Timeframe for transferring investment funds to New Zealand (04/07/2005)

1. Principal applicants must meet the requirements for transferring the investment funds to their New Zealand bank account and provide all the required documentation as set out in the policy in BI9.15 (below) within six months of the date of the letter advising of approval in principle.
2. Applications for residence must be declined if principal applicants do not present acceptable evidence of having transferred the nominated funds in accordance with this policy, and have not provided the required documentation to establish this, within six months from the date of approval in principle.

Effective 04/07/2005