Commonwealth Consolidated Acts

FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 88A

    A 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.