Document ID: chunk:federal_register_of_legislation:F2018C00921:reg:12
Version: federal_register_of_legislation:F2018C00921
Segment Type: reg
Provision Reference: reg 12
Character Range: 62206–63233

12  Prohibition relating to dealings with designated person or entity
 (2) 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 entity; or
 (ii) a person or entity acting on behalf of or at the direction of a designated person or entity; or
 (iii) an entity that is owned or controlled, including through illicit means, by a person or entity acting on behalf of or at the direction of a designated person or entity; and
 (b) the making available of the asset is not authorised by a permit under regulation 14.
 (3) Section 15.1 of the Criminal Code applies to an offence under section 27 of the Act that relates to a contravention of subregulation (2).
Note 1: Subregulation (3) has the effect that the offence has extraterritorial application.
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.