COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SECTION 67
WHEREAS -
(A) Bingqin Chen is a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);
(B) Bingqin Chen gave notice under the Act on 30 October 2015 that they propose to acquire an interest in the Australian land situated at 4 Benton Court, Doncaster, Victoria, 3108(‘proposed acquisition’);
I, Rob Donelly, as a delegate of the Treasurer under section 67 of the Act, PROHIBIT the proposed acquisition by Bingqin Chen 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: 11 February 2016
Rob Donelly
Division Head
Foreign Investment and Trade Policy Division
Department of the Treasury