Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person shall not have in his or her possession any material that, to his or her knowledge, was obtained by dealing with genuine coin in such a manner as to diminish its weight, whether that material consists of filings, clippings, dust, bullion or diminished coin, is in solution or is in any other form.
Penalty:
(a) in the case of a person, not being a body corporate--$10,000 or imprisonment for 5 years, or both; or
(b) in the case of a person, being a body corporate--$20,000.
(2) Subsection (1) does not apply if the person has a reasonable excuse.
Note: A defendant bears an evidential burden in relation to the matter in subsection (2) (see subsection 13.3(3) of the Criminal Code ).
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