Document ID: chunk:federal_register_of_legislation:C2025C00060:section:2:p114
Version: federal_register_of_legislation:C2025C00060
Segment Type: section
Provision Reference: s 2 (pt 114/169)
Character Range: 1475893–1478365

money or property;
 (ii) the value of the money or property;
 (iii) the source of the money or property;
 (iv) the location of the money or property;
 (v) any disposition of the money or property;
 (vi) any movement of the money or property;
 (vii) any rights in respect of the money or property;
 (viii) the identity of any person who has rights in respect of the money or property;
 (ix) the identity of any person who has effective control of the money or property; and
 (e) the sum of the values of the money and other property (where each value is worked out as at the time when the relevant conduct occurred) is $10,000,000 or more.
Penalty: Imprisonment for 15 years, or 900 penalty units, or both.

Tier 3 offences
 (7) A person commits an offence if:
 (a) the person deals with money or other property; and
 (b) either:
 (i) the money or property is proceeds of indictable crime; or
 (ii) there is a risk that the money or property will become an instrument of crime; and
 (c) the person is negligent as to the fact that the money or property is proceeds of indictable crime or the fact that there is a risk that it will become an instrument of crime (as the case requires); and
 (d) at the time of the dealing, the value of the money and other property is $10,000,000 or more.
Penalty: Imprisonment for 6 years, or 360 penalty units, or both.
 (8) A person commits an offence if:
 (a) the person engages in conduct in relation to money or other property; and
 (b) the money or property is proceeds of general crime; and
 (c) the person is negligent as to the fact that the money or property is proceeds of general crime; and
 (d) the conduct concealed or disguised any or all of the following:
 (i) the nature of the money or property;
 (ii) the value of the money or property;
 (iii) the source of the money or property;
 (iv) the location of the money or property;
 (v) any disposition of the money or property;
 (vi) any movement of the money or property;
 (vii) any rights in respect of the money or property;
 (viii) the identity of any person who has rights in respect of the money or property;
 (ix) the identity of any person who has effective control of the money or property; and
 (e) when the conduct occurs, the value of the money and other property is $10,000,000 or more.
Penalty: Imprisonment for 6 years, or 360 penalty units, or both.
 (9) A person commits an offence if:
 (a) on 2 or more occasions, the person engages in conduct in relation to