- This is not current policy -
The policy in this manual ceases to be effective from 29 November 2010.
To see the current Immigration New Zealand Operational Manual go to
From policy: BI7.10 Ownership of nominated funds and/or assets (Investor Category)
BI7.10.5 Definition of ‘unencumbered funds’
Unencumbered funds are:
- funds that are not subject to any mortgage, lien, charge and/or encumbrance (whether equitable or otherwise) or any other creditor claims whatsoever; and
- funds that can be transferred lawfully, and the transfer is in accordance with the policy at BI9.5.