COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SUBSECTION 22(1)
WHEREAS -
(A) Al Mashriq Oil and Gas Supplies is a foreign person for the purposes of section 21A of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);
(B) Al Mashriq Oil and Gas Supplies proposes to acquire an interest in Australian Residential Real Estate known as Ripley Valley 450-546 Ripley Road, Ripley, QLD, 4306 as specified in the notice furnished on 30 October 2015 under section 26A of the Act;
NOW THEREFORE I, Karen Dunn, Acting Senior Adviser, Foreign Investment and Trade Policy Division of the Treasury and authorised to make this order for and on behalf of the Treasurer pursuant to subsection 22(1) of the Act, 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, PROHIBIT the proposed acquisition for a period not exceeding ninety days after this order comes into operation.
Dated this 30th day of November 2015.
Karen Dunn
Acting Senior Adviser,
Foreign Investment and Trade Policy Division