Foreign Acquisitions and Takeovers Act 1975

PART 5 - OFFENCES AND CIVIL PENALTIES  

Division 3 - Civil penalties  

Subdivision D - Other civil penalties  

SECTION 98A   CONTRAVENING DIRECTIONS AND INTERIM DIRECTIONS  

98A(1)    
A person contravenes this subsection if:

(a)    the person:

(i) has been directed by the Treasurer under subsection 79R(3) in relation to a relevant contravention as mentioned in subsection 79R(1) ; or

(ii) has been directed by the Treasurer under subsection 79V(3) in relation to a relevant contravention as mentioned in subsection 79V(1) ; and

(b)    the provision to which the relevant contravention relates is a civil penalty provision; and

(c)    the person engages in conduct; and

(d)    the person does so in contravention of the direction.

98A(2)    
A person who contravenes subsection (1) is liable to a civil penalty.

98A(3)    
The maximum penalty for the contravention is:

(a)    unless paragraph (b) applies - 5,000 penalty units; or

(b)    if the person is a corporation - 50,000 penalty units.