Foreign Acquisitions and Takeovers Act 1975
View history note
Hide history noteA person must not take an action when prohibited by paragraph 79A(3)(b) or subsection 79A(4) .
92A(2)
A person who contravenes subsection (1) is liable to a civil penalty.
Penalty
92A(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.
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