Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

All of the relevant state laws and state penalties would apply. As soon as there were a breach along the lines that Senator Lambie suggested, that would mean—this is a law of the Commonwealth electoral law—presumably, if it were by a non-permitted donor at a state level, that donor would be liable to the penalties applicable under state law. The only way that relevant donations would be protected through federal legislation would be if they complied with all of the requirements under the federal law, including the requirement for strict separation.