Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SUBSECTION 22(1)
WHEREAS —
(A) Formosa Steel IB Pty Ltd ACN 163 535 788 (Formosa) is a foreign person for the purposes of section 21A of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’); and
(B) Formosa proposes to acquire an interest in Australian urban land being 31% interest in Pilbara Water and Power Pty Ltd ACN 157 870 829 (an Australian urban land corporation) and 31% interest in the Venture Tenements as described in the Annexure and referred to in Attachment 1 to the notice furnished on 16 August 2013 under section 26A of the Act.
NOW THEREFORE, I, Peter Van de Maele, Senior Advisor, Investment Review Unit of the Foreign Investment and Trade Policy Division of the Treasury and authorised to make this order for and on behalf of the Treasurer, PROHIBIT, pursuant to subsection 22(1) of the Act, the proposed acquisition for a period not exceeding ninety days after the date this interim order comes into operation, or the date on which notice is given that the Commonwealth Government does not object to the proposed acquisition, whichever occurs first, for the purpose of enabling consideration to be given as to whether an order should be made under subsection 21A(2) of the Act in respect of the proposed acquisition.
Dated this 13 day of September 2013
Peter Van de Maele
Senior Advisor
Investment Review Unit
ANNEXURE
M45/1226
E45/2510
E45/2535
L45/257
L45/293
L45/294
M45/1184
M45/1211
M45/1212
M45/1213
E45/3084
L45/272
L45/289
L45/291
L45/292
L45/320
L45/331
L45/317
L45/318
L45/319
L45/325