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