COMMONWEALTH OF AUSTRALIA

Foreign Acquisitions and Takeovers Act 1975

ORDER UNDER SUBSECTION 22(1)

 

WHEREAS -

 

(A)  Binhqin Chen is a foreign person for the purposes of section 21A of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);

 

(B)  Bingqin Chen proposes to acquire an interest in Australian Residential Real Estate known as 4 Benton Court, Courtdoncaster, VIC, 3108 as specified in the notice furnished on 30 October 2015 under section 26A of the Act;

 

NOW THEREFORE I, Karen Dunn, Principal Adviser, Foreign Investment and Trade Policy Division of the Treasury and authorised to make this order for and on behalf of the Treasurer pursuant to subsection 22(1) of the Act, for the purpose of enabling consideration to be given as to whether an order should be made under subsection 21A(2) of the Act in respect of the proposed acquisition, PROHIBIT the proposed acquisition for a period not exceeding ninety days after this order comes into operation.

 

Dated this 30th day of November 2015.

 

 

 

Karen Dunn
Principal Adviser,

Foreign Investment and Trade Policy Division