Document ID: chunk:federal_register_of_legislation:F2021C00929:reg:10
Version: federal_register_of_legislation:F2021C00929
Segment Type: reg
Provision Reference: reg 10
Character Range: 7965–8915

10  Prohibition relating to dealings with designated persons or entities
 (1) A person contravenes this regulation 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 12.
 (1A) Strict liability applies to the circumstance that the making available of the asset is not authorised by a permit under regulation 12.
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.