Document ID: chunk:federal_register_of_legislation:C2025C00060:section:2:p129
Version: federal_register_of_legislation:C2025C00060
Segment Type: section
Provision Reference: s 2 (pt 129/169)
Character Range: 1510255–1512959

to be, the person's conduct would have constituted another offence against this Division for which the maximum penalty, in penalty units, is less than the maximum penalty, in penalty units, for the offence charged.
Example: Assume that a person deals with money or property that is the proceeds of indictable crime. While the person believes it to be proceeds of indictable crime, he or she is under a mistaken but reasonable belief that it is worth $90,000 when it is in fact worth $120,000.
 That belief is a defence to an offence against subsection 400.4(1) (which deals with money or property of a value of $100,000 or more). However, the person would commit an offence against subsection 400.5(1) (which deals with money or property of a value of $10,000 or more). Section 400.14 allows for an alternative verdict of guilty of an offence against subsection 400.5(1).
Note: A defendant bears an evidential burden in relation to the matter in subsection (1) (see subsection 13.3(3)).
 (1A) A person is not criminally responsible for an offence against a proceeds of general crime offence provision that relates to engaging in conduct in relation to money or property if:
 (a) at or before the time of engaging in the conduct, the person considered what was the value of the money or property, and was under a mistaken but reasonable belief about that value; and
 (b) in a case where the conduct continued during a period—the person had that belief throughout that period; and
 (c) had the value been what the person believed it to be, the person's conduct would have constituted another offence against this Division for which the maximum penalty, in penalty units, is less than the maximum penalty, in penalty units, for the offence charged.
Note: A defendant bears an evidential burden in relation to the matter in subsection (1A) (see subsection 13.3(3)).
 (2) A person may be regarded as having considered what the value of the money or property was if:
 (a) he or she had considered, on a previous occasion, what the value of the money or property was in the circumstances surrounding that occasion; and
 (b) he or she honestly and reasonably believed that the circumstances surrounding the present occasion were the same, or substantially the same, as those surrounding the previous occasion.

400.10A  Effect of money or property being provided as part of a controlled operation—proceeds of indictable crime
 (1) In a prosecution for an offence by a person against section 400.2B, 400.3, 400.4, 400.5, 400.6, 400.7 or 400.8 (other than an offence against a proceeds of general crime offence provision) in relation to the person dealing with money or other property, it is not necessary to prove