COMMONWEALTH OF AUSTRALIA

Foreign Acquisitions and Takeovers Act 1975

ORDER UNDER SUBSECTION 68(1)

 

WHEREAS -

 

(A)  Xiaotong Ren and Zhihui Cheng are foreign persons for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);

 

(B)  Xiaotong Ren and Zhihui Cheng gave notice under the Act on 26 November 2015 that they propose to acquire an interest in the Australian land situated at 22A Ferncroft Avenue, Malvern East, Victoria, 3145 (‘proposed acquisition’);

 

I, Kathryn Dolan, as a delegate of the Treasurer under subsection 68(1) of the Act, and for the purpose of considering whether to make an order under section 67 of the Act, PROHIBIT the proposed acquisition by Xiaotong Ren and Zhihui Cheng. This order has effect for 90 days which starts on the day it is published in the Gazette.

Dated 24 December 2015

 

 

Kathryn Dolan
Senior Adviser

Foreign Investment and Trade Policy Division

Department of the Treasury