New South Wales Consolidated Acts

FINANCIAL TRANSACTION REPORTS ACT 1992 - SECT 11

11 Proceedings for offences

(1) Proceedings for an offence against this Act are to be dealt with on indictment, except as provided by this section.

(2) Proceedings for an offence under section 6 or 7 may be dealt with summarily before the Local Court if:

(a) the prosecutor proposes that it be so dealt with, and

(b) the Local Court is satisfied that it is appropriate for the offence to be so dealt with.

(3) If proceedings for an offence under section 6 or 7 are brought in the Local Court, the maximum penalty that the Court may impose for the offence is, despite any other provision of this Act, 100 penalty units or imprisonment for 12 months, or both.