Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf:
(a) a person carries out a trigger proposal; and
(b) the Minister did not give a go - ahead decision in relation to the proposal before the relevant acquisition occurred or the relevant arrangement was entered into;
the person commits an offence punishable on conviction by imprisonment for a period not exceeding 2 years.
Note: Subsection 4B(2) of the Crimes Act 1914 allows a court to impose an appropriate fine instead of, or in addition to, a term of imprisonment. If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine of an amount that is not greater than 5 times the maximum fine that could be imposed by a court on an individual convicted of the same offence.