BI9.25 'Placement of Advance with Government in New Zealand' contract (04/07/2005)

1. If the business immigration specialist is satisfied that the transferred investment funds meet the criteria as set out in the policy in BI9.5 to BI9.15, then the principal applicant will be sent a Placement of Advance with Government in New Zealand contract.
2. Principal applicants must return the fully completed Placement of Advance with Government in New Zealand contract within two months of the date it is issued. The Placement of Advance with Government in New Zealand contract should contain the following information:
   1. their Inland Revenue Department (IRD) number and their rate of Resident Withholding Tax payable (if applicable, see BI13); and
   2. a postal address at which they can be contacted by mail.
3. Principal applicants must agree and abide with the ‘Terms and Conditions’ of the Placement of Advance with Government in New Zealand contract. A breach of the ‘Terms and Conditions’ of the contract will constitute a breach of the Investor Category policy.

Effective 04/07/2005