54BMeaning of serious and organised crime

#### 54B Meaning of serious and organised crime (1) For the purposes of this Part, serious and organised crime means a federal offence that may have been committed, may presently be being committed, or may in future be committed, in circumstances involving: (a) 2 or more offenders; and (b) substantial planning or organisation; and (c) the use of sophisticated methods and techniques. (2) A federal offence is an offence: (a) against a law of the Commonwealth; or (b) against a law of a Territory; or (c) against a law of a State that has a federal aspect; that is: (d) punishable by imprisonment for a period of 2 years or more; or (e) prescribed by the regulations for the purposes of this paragraph. > Note: For the definitions of State and Territory, see subsection 4(1).