Provision 400.2

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Criminal liability Proceeds of crime

This provision defines “deals with money or property” for the purposes of the money laundering provisions in this Division.

Notes

In accordance with the principles set out in Division 12 of the Criminal Code, a company may be found guilty of any offence, including one punishable by imprisonment.  Corporate criminal liability will be imposed where the physical element of an offence is committed by an employee, agent or officer of a body corporate acting within the actual or apparent scope of his or her employment. If intention, knowledge or recklessness is a fault element in relation to a physical element of an offence, that fault element must be attributed to a body corporate that expressly, tacitly or impliedly authorised or permitted the commission of the offence.

(2)  The means by which such an authorisation or permission may be established include:
(a)  proving that the body corporate’s board of directors intentionally, knowingly or recklessly carried out the relevant conduct, or expressly, tacitly or impliedly authorised or permitted the commission of the offence; or
(b)  proving that a high managerial agent of the body corporate intentionally, knowingly or recklessly engaged in the relevant conduct, or expressly, tacitly or impliedly authorised or permitted the commission of the offence; or
(c)  proving that a corporate culture existed within the body corporate that directed, encouraged, tolerated or led to non-compliance with the relevant provision; or
(d)  proving that the body corporate failed to create and maintain a corporate culture that required compliance with the relevant provision.

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400.2   Definition of deals with money or other property                  

A person deals with money or other property if the person does any of the following:

(a)  receives, possesses, conceals or disposes of money or other property;

(b)  imports money or other property into Australia;

(c)  exports money or other property from Australia;

(d)  engages in a banking transaction relating to money or other property.

Law / 01st January 1997 / Australia / Criminal Code Act 1995 (Cth)

The Criminal Code Act 1995 (Cth) (the Code) is Commonwealth or national legislation that provides: – a wide range of criminal offences, from offences relating to the security of the Commonwealth and the proper administration of Government to offences against humanity and dangers to the community; and – general principles of criminal responsibility.