COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SUBSECTION 22(1)
WHEREAS —
(A) CNOOC Australia Limited is a foreign person for the purposes of section 21A of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’); and
(B) CNOOC Australia Limited has given notice under section 26A of the Act that it intends to undertake a reorganisation of the holding structure of its Australian assets, by virtue of which its subsidiary CNOOC Australia E&P Pty Ltd would acquire an interest in CNOOC NWS Private Limited (ABN 61 103 548 867) which is an Australian urban land corporation;
NOW THEREFORE, I, TREVOR THOMAS, Principal Adviser in 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, for the purpose of enabling due consideration as to whether an order should be made under subsection 21A(2) of the Act, the proposed acquisition for a period not exceeding ninety days after this 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.
Dated this 12th day of June 2015
TREVOR THOMAS
Principal Adviser
Foreign Investment and Trade Policy Division
The Treasury