Money laundering with knowledge or belief
230 Money laundering with knowledge or belief
A person commits an offence if:
the person intentionally deals with money or other property; and
the money or other property:
is the proceeds of crime; or
(ii) is being used or is intended to be used in the commission of, or to facilitate the commission of, an indictable offence; and
the person:
has knowledge of that circumstance; or
believes that that circumstance exists.
Maximum penalty: Imprisonment for 20 years.
(2) It is a defence to a prosecution for an offence against subsection (1) if the defendant engaged in the conduct mentioned in subsection (1)(a) in order to assist the enforcement of a law of the Territory, the Commonwealth, a State or another Territory.
Note for section 230
The defendant has an evidential burden in relation to the matters in subsection (2) (see section 43BU of the Criminal Code).
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