Federal Court Justice Debra Mortimer issued a formal warning to Gibson on Tuesday, November 27, that failure to pay the penalty will make her liable for jail, property seizures and other measures.
"You will be liable to imprisonment, sequestration of property or other punishment," Daily Mail quotes the the penal notice as saying.
"Anyone else who is aware of the order and helps or allows Ms Gibson to breach it may be punished in a similar way", the notice further states.
The director of Consumer Affairs Victoria, who brought the case, and Ms Gibson and her company Inkerman Road Nominees, have until December 11 to make any submissions.