Dealing with proceeds of crime
194 Dealing with proceeds of crime
A person must not deal with proceeds of crime—
knowing that it is proceeds of crime; and
intending to conceal that it is proceeds of crime.
- Level 3 imprisonment (20 years maximum).
A person must not deal with proceeds of crime knowing that it is proceeds of crime.
- Level 4 imprisonment (15 years maximum).
A person must not deal with proceeds of crime being reckless as to whether or not it is proceeds of crime.
- Level 5 imprisonment (10 years maximum).
A person must not deal with proceeds of crime being negligent as to whether or not it is proceeds of crime.
- Level 6 imprisonment (5 years maximum).
It is a defence to a prosecution for an offence under this section if the accused satisfies the court that the accused dealt with the property in order to assist the enforcement of a law of the Commonwealth, a State or a Territory.
New s. 195 inserted by No. 104/2003 s. 3.
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