Foreign Acquisitions and Takeovers Act 1975
View history note
Hide history noteA person must not contravene an order made under Part 3 .
89(2)
A person who contravenes subsection (1) is liable to a civil penalty.
Penalty
89(3)
The maximum penalty for the contravention is the lesser of the following: (a) 2,500,000 penalty units; (b) the greater of the following:
(i) 5,000 penalty units (or 50,000 penalty units if the person is a corporation);
(ii) the amount worked out under section 98F for the action in relation to which the order was made.
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