Document ID: chunk:federal_register_of_legislation:C2018C00182:section:8
Version: federal_register_of_legislation:C2018C00182
Segment Type: section
Provision Reference: s 8
Character Range: 11681–12482

8  Buying or selling non‑excepted counterfeit money or counterfeit securities
 (1) A person shall not buy, sell, receive or dispose of, or offer to buy, sell, procure or dispose of, non‑excepted counterfeit money or a counterfeit prescribed security.
 (1A) Subsection (1) does not apply if the person has a reasonable excuse.
Note: A defendant bears an evidential burden in relation to the matter in subsection (1A) (see subsection 13.3(3) of the Criminal Code).
 (2) A person shall not, with intent to defraud:
 (a) buy, sell, receive or dispose of; or
 (b) offer to buy, sell, procure or dispose of;
an excepted counterfeit coin.
Penalty:
 (a) in the case of a person, not being a body corporate—imprisonment for 12 years; or
 (b) in the case of a person, being a body corporate—600 penalty units.