Criminal Code Act 1983
230Money laundering with knowledge or belief
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230 Money laundering with knowledge or belief and (b) the money or other property: (i) is the proceeds of crime; or (ii) is being used or is intended to be used in the commission of, or to facilitate the commission of, an indictable offence; and (i) has knowledge of that circumstance; or (ii) believes that that circumstance exists. Maximum penalty: Imprisonment for 20 years. subsection (1) if the defendant engaged in the conduct mentioned in subsection (1)(a) in order to assist the enforcement of a law of the Territory, the Commonwealth, a State or another Territory. Note for section 230 subsection (2) (see section 43BU of the Criminal Code).