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).

Division 2—Criminal intelligence assessments