15 Aug 2023
WINTON PROPERTY INVESTMENTS LIMITED v MINISTER OF FINANCE [2023] NZCA 368
- Citation
- [2023] NZCA 368
- Court
- Court of Appeal
The Court dismissed the appeal: Ministers did not err in law in applying a proportionate approach to the benefit to New Zealand test; the OIO made reasonable enquiries and its counterfactual assessments were permissible predictive judgments not susceptible to being recast as established mistakes of fact; the numerical error as to percent New Zealand ownership was immaterial and did not determine the outcome; the decision was open on the evidence and not manifestly unreasonable; and even if error had been shown, relief would likely be refused in the exercise of discretion given prejudice to th…