Buying or selling non‑excepted counterfeit money or counterfeit securities
8 Buying or selling non‑excepted counterfeit money or counterfeit securities
A person shall not buy, sell, receive or dispose of, or offer to buy, sell, procure or dispose of, non‑excepted counterfeit money or a counterfeit prescribed security.
Subsection (1) does not apply if the person has a reasonable excuse.
A defendant bears an evidential burden in relation to the matter in subsection (1A) (see subsection 13.3(3) of the Criminal Code).
A person shall not, with intent to defraud:
buy, sell, receive or dispose of; or
offer to buy, sell, procure or dispose of;
an excepted counterfeit coin.
Penalty:
in the case of a person, not being a body corporate—imprisonment for 12 years; or
in the case of a person, being a body corporate—600 penalty units.
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