CTHIn ForceAct
Foreign Acquisitions and Takeovers Act 1975
89Contravening orders under Part 3
Start here
Get a plain-English read of 89
Turn the raw legal text into a practical explanation grounded in Foreign Acquisitions and Takeovers Act 1975.
#### 89 Contravening orders under Part 3
(1) A person must not contravene an order made under Part 3.
(2) A person who contravenes subsection (1) is liable to a civil penalty.
Penalty
(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 in relation to which the order was made.