Money laundering—proceeds of crime
(1) A person who deals with proceeds of crime— (a) knowing that it is proceeds of crime, and (b) intending to conceal that it is proceeds of crime, is guilty of an offence. (2) A person who deals with proceeds of crime knowing that it is proceeds of crime is guilty of an offence. (3) A person who deals with proceeds of crime being reckless as to whether it is proceeds of crime is guilty of an offence. (4) It is a defence to a prosecution for an offence under this section if the defendant satisfies the court that the defendant dealt with the proceeds of crime to assist the enforcement of a law of the Commonwealth, a State or a Territory.
Sourced from the New South Wales Legislation website at 8 June 2026. For the latest information on New South Wales Government legislation please go to https://www.legislation.nsw.gov.au. Verify the current text against the official source before relying on it.
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