Oct 8 (Reuters) - Australia's ACCC
* FEDERAL COURT ORDERED ISELECT TO PAY $8.5 MILLION IN PENALTIES
* FEDERAL COURT ORDERED ISELECT TO PAY PENALTIES FOR MISLEADING CONSUMERS COMPARING ENERGY PLANS
* ISELECT ADMITTED LIABILITY, MADE SUBMISSIONS WITH ACCC TO FEDERAL COURT CONSENTING TO ORDERS SOUGHT, INCLUDING PENALTIES