(1) A person is guilty of an offence if the person deals with proceeds of
general crime with a value of $100,000 or more--
(a) being reckless as to
whether it is proceeds of general crime, and
(b) intending to conceal or
disguise features of the property.
: Maximum penalty--Imprisonment for 15
years.
(2) Without limiting subsection (1)(b), the following may be relevant
to whether a person intended to conceal or disguise features of money or other
property--
(g) any rights in relation to the money or other property,
(h) the identity
of a person who has rights in relation to the money or other property,
(i)
the identity of a person who has effective control of the money or other
property.
(3) A person is guilty of an offence if the person deals with
proceeds of general crime with a value of $100,000 or more being reckless as
to whether it is proceeds of general crime.
: Maximum penalty--Imprisonment
for 10 years.
(4) It is a defence to a prosecution for an offence under this
section if the defendant satisfies the court that the defendant deals with the
proceeds of crime to assist the enforcement of a law of the Commonwealth, a
State or a Territory.
