Document ID: chunk:federal_register_of_legislation:F2013C00739:reg:12
Version: federal_register_of_legislation:F2013C00739
Segment Type: reg
Provision Reference: reg 12
Character Range: 15208–16322

12  Prohibition relating to dealings with designated person or entity
 (1) A person contravenes this regulation if:
 (a) the person directly or indirectly makes an asset available to, or for the benefit of:
 (i) a designated person; or
  (ii) a person acting on behalf of or at the direction of a designated person; or
 (iii) an entity owned or controlled, directly or indirectly, by a designated person; and
 (b) the making available of the asset is not authorised by a permit under regulation 14.
 (1A) Strict liability applies to the circumstance that the making available of the asset is not authorised by a permit under regulation 14.
Note: For strict liability, see section 6.1 of the Criminal Code.
 (2) Section 15.1 of the Criminal Code applies to an offence under section 27 of the Act that relates to a contravention of subregulation (1).
Note 1: Subregulation (2) has the effect that the offence has extraterritorial operation.
Note 2: This regulation is a UN sanction enforcement law as specified by the Minister under the Charter of the United Nations (UN Sanction Enforcement Law) Declaration 2008.