BN6.15 Funds already held in New Zealand (19/09/2022)

1. Funds held in New Zealand at the time the application is made may be included as nominated funds and/or assets, except where BN6.5(c) applies.
2. The value of the funds held in New Zealand is determined according to its market value at the time the application was made, not the original purchase price.
3. Periods of investment in New Zealand before approval in principle cannot be taken into account when calculating the 48-month investment period.
4. Funds already held in New Zealand must meet the requirements in BN8.10.

Effective 19/09/2022