CRIMES ACT 1958 - SECT 194 Dealing with proceeds of crime
CRIMES ACT 1958 - SECT 194
Dealing with proceeds of crime(1) A person must not deal with proceeds of crime—
(a) knowing that it is proceeds of crime; and
(b) intending to conceal that it is proceeds of crime.
Penalty: Level 3 imprisonment (20 years maximum).
(2) A person must not deal with proceeds of crime knowing that it is proceeds of crime.
Penalty: Level 4 imprisonment (15 years maximum).
(3) A person must not deal with proceeds of crime being reckless as to whether or not it is proceeds of crime.
Penalty: Level 5 imprisonment (10 years maximum).
(4) A person must not deal with proceeds of crime being negligent as to whether or not it is proceeds of crime.
Penalty: Level 6 imprisonment (5 years maximum).
(5) 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.