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Administered by: Treasury
Published Date 21 Dec 2015

COMMONWEALTH OF AUSTRALIA

Foreign Acquisitions and Takeovers Act 1975

ORDER UNDER SUBSECTION 68(1)

 

WHEREAS -

 

(A)        Hong Sheng is a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);

 

(B)         Hong Sheng gave notice under the Act on 11 November 2015 that he proposes to acquire an interest in the Australian land situated at 27 Hillingdon Crescent, Doncaster, Victoria, 3108 (‘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 Hong Sheng. This order has effect for 90 days which starts on the day it is published in the Gazette.

Dated 16th December 2015

 

 

Kathryn Dolan
Senior Adviser

Foreign Investment and Trade Policy Division

Department of the Treasury