COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SECTION 67
WHEREAS -
(A) Ju-Lien Low and Chin Siong Chow are foreign persons for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);
(B) Ju-Lien Low and Chin Siong Chow gave notice under the Act on 30 November 2015 that they propose to acquire an interest in the Australian land situated at 85 Clayton Road, Oakleigh East, Victoria, 3166 (‘proposed acquisition’);
I, Trevor Thomas, as a delegate of the Treasurer under section 67 of the Act, PROHIBIT the proposed acquisition by Ju-Lien Low and Chin Siong Chow because I am satisfied that the proposed acquisition would be contrary to the national interest. This order takes effect on the day it is published in the Gazette.
Dated 7 January 2016
Trevor Thomas
Acting Division Head
Foreign Investment and Trade Policy Division
Department of the Treasury
Scott Morrison
Treasurer