Document ID: chunk:federal_register_of_legislation:F2021C00911:reg:12
Version: federal_register_of_legislation:F2021C00911
Segment Type: reg
Provision Reference: reg 12
Character Range: 15128–16153

12  Prohibition relating to dealings with designated person or entity
 (1) A person contravenes this subregulation if:
 (a) the person directly or indirectly makes an asset available to, or for the benefit of a designated person or entity; and
 (b) the making available of the asset is not authorised by a permit under regulation 14.
 (2) For an offence under section 27 of the Act that relates to a contravention of subregulation (1) by an individual, strict liability applies to the circumstance that the making available of the asset is not authorised by a permit under regulation 14.
 (3) Section 15.1 of the Criminal Code (Extended geographical jurisdiction—category A) applies to an offence under section 27 of the Act that relates to a contravention of subregulation (1).
Note 1: Subregulation (3) has the effect that the offence has extraterritorial operation.
Note 2: This regulation is specified as a UN sanction enforcement law in the Charter of the United Nations (UN Sanction Enforcement Law) Declaration 2008.