Application to transfer shares in a limited liability company holding a lease or a licence over Crown Pastoral Land
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- Marcus Fowler
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1 Application to transfer shares in a limited liability company holding a lease or a licence over Crown Pastoral Land Section 89 Land Act 1948 In making this application, all details on the forms below must be completed and the following documents must be submitted: A. To be supplied by the current holder/s: 1. Information provided by proposed transferee (refer page 7) 2. Copy of the agreement for sale and purchase (or other written agreement) 3. Search copy of the lease/licence document (not older than 10 days) 4. Copy of company search (not older than 10 days) 5. Details of any other land included in the transfer B. To be provided by the proposed holder/s: 1. Supporting information on financial position For further information refer to LINZS at Please post to: LINZ Pastoral Team Private Bag 4721 Christchurch 8140 Page 1 of 13
2 Please print clearly. Details of the Current Holder/s Name of holder/s : Address of holder/s : Telephone : Cell : Fax : Page 2 of 13
3 Holder s solicitor - name : Holder s solicitor - address : Telephone : Cell : Fax : Signature of holder/s : NOTE must be signed by all parties with a registered interest in the lease/licence. If the holder is a company, to be signed by a person authorised by the company. Date : Page 3 of 13
4 Page 4 of 13
5 Details of the Lease / Licence Name of lease / licence : Physical address of lease / licence : Legal description : Title reference : Has exemption from residence been obtained? YES / NO If so, name the person appointed to reside on the land : Page 5 of 13
6 Describe the effect on the proposed share transfer on the management of the lease / licence : Advise who holds shares, and the division of these shares : Page 6 of 13
7 Details of the Proposed Transfer Details the shares to be transferred : Details of consideration : Does this amount include / exclude GST? include / exclude Settlement date : Have you provided the following? 1. Copy of the agreement for sale and purchase (or other written agreement) 2. Search copy of lease/licence document (not older than 10 days) 3. Copy of company search (not older than 10 days) 4. Details of any other land included in the transfer Page 7 of 13
8 Details of the Proposed Transferee/s Please provide details for all proposed parties if more than one. If a company, details of shareholding are required. Please print clearly. Name of transferee/s : Address of transferee/s : Telephone : Cell : Fax : Details what the shareholding would be after the transfer if it were approved by the Commissioner of Crown Lands : Page 8 of 13
9 Holder s solicitor - name : Holder s solicitor - address : Telephone : Cell : Fax : Has exemption from residency been obtained? NO / YES If yes, name the person appointed to reside on the land : Describe the effect of the proposed transfer on management of the lease / licence: Page 9 of 13
10 Signature/s : NOTE must be signed by all parties with a registered interest in the lease/licence. If the holder is a company, to be signed by a person authorised by the company. Address for notice per section 183 of the Land Act 1948, if the transfer is approved: Financial Information: Assets (land, cash, stock, plant, other) : Liabilities (mortgages, current accounts, other) : Page 10 of 13
11 Page 11 of 13
12 Cash for purpose (amount, source) : Limit of seasonal finance : $... Credit references (details to be attached) : Qualifications & Experience: State, with evidence if necessary, the relevant qualifications and experience that you as proposed holder have to undertake the activities authorised on the land: Page 12 of 13
13 Have you provided the following? 1. Supporting information on financial position 2. If proposed holder is a company: copy of Certificate of Incorporation and Constitution evidence of registration under the Companies Act If proposed holder is a Trust, a copy of the Trust Deed 4. Where the lease/licence is subject to a recreation permit or other unregistered interest, written confirmation from the proposed holder that it has received a copy of the recreation permits or other unregistered interests and will (if the transfer is granted), occupy the land in the knowledge that the holder/s of any permits and unregistered interests has the right to carry on the permitted activity or exercise the rights granted under the terms of the permit or other unregistered interest. Page 13 of 13
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