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Foreign Acquisitions and Takeovers Act 1975
87Contravening conditions
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87 Contravening conditions
A person commits an offence if: (a) any of the following applies: (i) the person is given a no objection notification under section 74; (ii) the person is given a notice imposing conditions; (iii) the person is specified in an exemption certificate; and (b) the notification, notice or certificate includes a condition; and (c) the person engages in conduct; and (d) the conduct contravenes the condition.
Penalty: Imprisonment for 10 years, or 15,000 penalty units (or 150,000 penalty units if the person is a corporation), or both.