COMMONWEALTH OF AUSTRALIA

Foreign Acquisitions and Takeovers Act 1975

ORDER UNDER SUBSECTION 68(1)

 

WHEREAS -

 

(A)  Jingqiu Xiao and Weiqin Xiao are foreign persons for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);

 

(B)  Jingqiu Xiao and Weiqin Xiao gave notice under the Act on 30 November 2015 that they propose to acquire an interest in the Australian land situated at 8 Tracey Street, Doncaster East, VIC, 3109 (‘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 Jingqiu Xiao and Weiqin Xiao. 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