Commonwealth Numbered Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 (NO. 169, 2006) - SECT 139

             (1)  A person commits an offence if:

                     (a)  the person is a reporting entity; and

                     (b)  the person commences to provide a designated service; and

                     (c)  the person does so using a false customer name; and

                     (d)  at least one provision of Division 2, 3 or 4 of Part 2 applies to the provision of the designated service.

Penalty:  Imprisonment for 2 years or 120 penalty units, or both.

             (2)  Absolute liability applies to the paragraph (1)(d) element of the offence.

Note:          For absolute liability , see section 6.2 of the Criminal Code .

             (3)  A person commits an offence if:

                     (a)  the person is a reporting entity; and

                     (b)  the person commences to provide a designated service; and

                     (c)  the person does so on the basis of customer anonymity; and

                     (d)  at least one provision of Division 2, 3 or 4 of Part 2 applies to the provision of the designated service.

Penalty:  Imprisonment for 2 years or 120 penalty units, or both.

             (4)  Absolute liability applies to the paragraph (3)(d) element of the offence.

Note:          For absolute liability , see section 6.2 of the Criminal Code .