Document ID: chunk:federal_register_of_legislation:C2021A00003:clause:1_62
Version: federal_register_of_legislation:C2021A00003
Segment Type: clause
Provision Reference: sch 1 cl 62
Character Range: 38576–39350

62  Before subsection 400.9(1) of the Criminal Code
Insert:
 (1AA) A person commits an offence if:
 (a) the person deals with money or other property; and
 (b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
 (c) at the time of the dealing, the value of the money and other property is $10,000,000 or more.
Penalty: Imprisonment for 5 years, or 300 penalty units, or both.
 (1AB) A person commits an offence if:
 (a) the person deals with money or other property; and
 (b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
 (c) at the time of the dealing, the value of the money and other property is $1,000,000 or more.
Penalty: Imprisonment for 4 years, or 240 penalty units, or both.