COMMONWEALTH OF AUSTRALIA
Foreign Acquisitions and Takeovers Act 1975
ORDER UNDER SUBSECTION 68(1)
WHEREAS -
(A) Wisdom Asia Discretionary trust is a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (‘the Act’);
(B) Wisdom Asia Discretionary trust gave notice under the Act on 27 November 2015 that it proposes to acquire an interest in the Australian land situated at 381 and 385 Anzac Highway, Camden Park, SA, 5038 (‘proposed acquisition’);
I, Kathryn Dolan, as a delegate of the Treasurer under subsection 68(1) of the Act, and for the purpose of considering whether to make an order under section 67 of the Act, PROHIBIT the proposed acquisition by Wisdom Asia Discretionary trust. This order has effect for 90 days which starts on the day it is published in the Gazette.
Dated 24 December 2015
Kathryn Dolan
Senior Adviser
Foreign Investment and Trade Policy Division
Department of the Treasury