Order under Subsection 22(1) - Firstfolio Limited

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Legislation au C2013G01971 In force Gazette

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COMMONWEALTH OF AUSTRALIA

Foreign Acquisitions and Takeovers Act 1975

ORDER UNDER SUBSECTION 22(1)

 

 

WHEREAS —

(A) FIRSTFOLIO LIMITED (ACN 002 612 991) is a corporation that carries on an Australian business for the purposes of section 18 of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’); and

 (B) RESIMAC LIMITED (ACN 002 997 935) proposes to acquire shares in FIRSTFOLIO LIMITED (ACN 002 612 991), where the proposed acquisition would have the result that the corporation would be controlled by foreign persons as described in the notice furnished on 18 November 2013 under section 26 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, 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 18(2) of the Act in respect of the proposed acquisition.

Dated this  18th day of December 2013

 

 

 

Karen Dunn
Acting Senior Adviser

 

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.