Ann: NOTICE OF DISPOSAL ORDERS OF INTERESTS IN NORTHERN MINERALS, page-41

It’s up to the the broker or who ever facilitates the sale, to be across the know your client legislation . The buying should be subject to scrutiny , nominee companies domiciled in tax haven jurisdictions like the BVIs , ( mainland china’s favourite secrecy domicile for tax purposes) shouldn’t be allowed onto the registry. However ASX listed companies are riddled with buyers in opaque jurisdictions , when I last looked, Perth brokers had facilitated $9B in share transactions with beneficial owners domiciled in some 10 or so secrecy jurisdictions. However, with the Federal government all over the proposed sale, you’d be crazy as an Australian broker not do rigorous due diligence on client details that sit behind any offshore transactions of the this magnitude. Particularly with the investment world keenly watching on . Let’s see if the Federal government has the Chinese well and truly snookered here, and any attempt to ease the ownership the pending block share/s into the hands of an obscure owner are thwarted