Home About Our Expertise Our Team Careers Fact Finders Contact

• Foreign Investment
• Who Is Required
• Which Investments Require Approval
• Commercial Real Estate
• Small Business
• Other Acquisitions
• Breaches Of The Act
• Making An Application To FIRB
• Residential Real Estate

Breaches Of The Act

The Government takes seriously breaches of the Foreign Acquisitions and Takeovers Act 1975.  Persons or corporations who fail to obtain prior approval to buy property (as well as assets and/or shares) are subject to penalties and in some cases imprisonment. There are also provisions under law that make it an offence to provide false or misleading information, or to enter into any schemes for the purpose of avoiding the provisions of the act.  

If you have any question's relating to Foreign Investment, please contact Byron Cannon on byron@fclawyers.com.au or (07) 5443 6600.