Foreign Acquisitions and Takeovers Act 1975
View history note
Hide history noteA person commits an offence if: (a) the person has been directed by the Treasurer under subsection 79R(3) or 79V(3) ; and (b) the person engages in conduct; and (c) the person does so in contravention of the direction.
Penalty: Imprisonment for 10 years, or 15,000 penalty units (or 150,000 penalty units if the person is a corporation), or both.
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