COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SECTION 67
WHEREAS -
(A) Learning Holidays Australia Pty Ltd is a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);
(B) Learning Holidays Australia Pty Ltd gave notice under the Act on 04 January 2017 that they propose to acquire an interest in the Australian land situated at 334 Davey Street, South Hobart, Tasmania 7004 (‘proposed acquisition’);
I, Elizabeth Hardcastle, as an authorised officer of the Commissioner of Taxation under section 67 of the Act, PROHIBIT the proposed acquisition by Learning Holidays Australia Pty Ltd 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 10 May 2017
Elizabeth Hardcastle
Assistant Commissioner
Public Groups and Internationals
Australian Taxation Office