Section 400.9 of the Criminal Code Act 1995 (Cth) is Dealing in Property Reasonably Suspected of being Proceeds of Crime and is extracted below.
Dealing with property reasonably suspected of being proceeds of crime – $100,000 or more is an offence under section 400.9(1) of the Criminal Code Act 1995 (Cth), which carries a maximum penalty of 3 years in prison.
To establish the offence, the prosecution must prove beyond reasonable doubt that:
- You dealt with money and/or property
- It was reasonable to suspect the money and/or property was the proceeds of crime, and
- The value of the money and/or property was at least $100,000.
You ‘dealt with’ money or property if you:
- Received, possessed, concealed or disposed of it
- Imported it into, or exported it from, Australia, or
- Engaged in a banking transaction relating to it.
‘Importing’ or ‘exporting’ includes transferring by electronic communication.
‘Property’ means real or personal property of any description, whether in Australia or elsewhere, whether tangible or intangible, including any interest in the property.
The definition encompasses financial instruments, cards and other objects that represent or can be exchanged for money.
‘Proceeds of crime’ means wholly or partly derived or realised, directly or indirectly, by any person from the commission of an offence against the Commonwealth, a State or Territory, or a foreign country, that may be dealt with as an indictable offence.
An ‘indictable offence’ is one which may be dealt with in a higher court such as the District or Supreme Court.
You are not guilty of the offence if you are able to establish ‘on the balance of probabilities’ that you mistakenly but reasonably believed the value of the money or property was less than $100,000.
In that event, you may be found guilty of the less serious, alternative offence contained in section 400.9(1A) of the Act.
Duress is a defence to the charge.
Dealing with property reasonably suspected of being proceeds of crime – $1 million or more is an offence under section 400.9(1AB) of the Criminal Code Act 1995 (Cth), which carries a maximum penalty of 4 years in prison.
To establish the offence, the prosecution must prove beyond reasonable doubt that:
- You dealt with money and/or property
- It was reasonable to suspect the money and/or property was the proceeds of crime, and
- The value of the money and/or property was at least $1 million.
You ‘dealt with’ money or property if you:
- Received, possessed, concealed or disposed of it
- Imported it into, or exported it from, Australia, or
- Engaged in a banking transaction relating to it.
‘Importing’ or ‘exporting’ includes transferring by electronic communication.
‘Property’ means real or personal property of any description, whether in Australia or elsewhere, whether tangible or intangible, including any interest in the property.
The definition encompasses financial instruments, cards and other objects that represent or can be exchanged for money.
‘Proceeds of crime’ means wholly or partly derived or realised, directly or indirectly, by any person from the commission of an offence against the Commonwealth, a State or Territory, or a foreign country, that may be dealt with as an indictable offence.
An ‘indictable offence’ is one which may be dealt with in a higher court such as the District or Supreme Court.
You are not guilty of the offence if you are able to establish ‘on the balance of probabilities’ that you mistakenly but reasonably believed the value of the money or property was less than $1 million.
In that event, you may be found guilty of an alternative, less serious offence.
Duress is a defence to the charge.
Dealing with property reasonably suspected of being proceeds of crime – $10 million or more is an offence under section 400.9(1AA) of the Criminal Code Act 1995 (Cth), which carries a maximum penalty of 5 years in prison.
To establish the offence, the prosecution must prove beyond reasonable doubt that:
- You dealt with money and/or property
- It was reasonable to suspect the money and/or property was the proceeds of crime, and
- The value of the money and/or property was at least $10 million.
You ‘dealt with’ money or property if you:
- Received, possessed, concealed or disposed of it
- Imported it into, or exported it from, Australia, or
- Engaged in a banking transaction relating to it.
‘Importing’ or ‘exporting’ includes transferring by electronic communication.
‘Property’ means real or personal property of any description, whether in Australia or elsewhere, whether tangible or intangible, including any interest in the property.
The definition encompasses financial instruments, cards and other objects that represent or can be exchanged for money.
‘Proceeds of crime’ means wholly or partly derived or realised, directly or indirectly, by any person from the commission of an offence against the Commonwealth, a State or Territory, or a foreign country, that may be dealt with as an indictable offence.
An ‘indictable offence’ is one which may be dealt with in a higher court such as the District or Supreme Court.
You are not guilty of the offence if you are able to establish ‘on the balance of probabilities’ that you mistakenly but reasonably believed the value of the money or property was less than $10 million.
In that event, you may be found guilty of an alternative, less serious offence.
Duress is a defence to the charge.
If you require Expert Legal Advice from an Experienced Criminal Defence Lawyer for your Dealing in Property Reasonably Suspected of being Proceeds of Crime matter, call Sydney Criminal Lawyers® today on (02) 9261 8881.
The Legislation
400.9 Dealing with property reasonably suspected of being proceeds of crime etc.
(1AA) A person commits an offence if:
(a) the person deals with money or other property; and
(b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
(c) at the time of the dealing, the value of the money and other property is $10,000,000 or more.
Penalty: Imprisonment for 5 years, or 300 penalty units, or both.
(1AB) A person commits an offence if:
(a) the person deals with money or other property; and
(b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
(c) at the time of the dealing, the value of the money and other property is $1,000,000 or more.
Penalty: Imprisonment for 4 years, or 240 penalty units, or both.
(1) A person commits an offence if:
(a) the person deals with money or other property; and
(b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
(c) at the time of the dealing, the value of the money and other property is $100,000 or more.
Penalty: Imprisonment for 3 years, or 180 penalty units, or both.
(1A) A person commits an offence if:
(a) the person deals with money or other property; and
(b) it is reasonable to suspect that the money or property is proceeds of indictable crime; and
(c) at the time of the dealing, the value of the money and other property is less than $100,000.
Penalty: Imprisonment for 2 years, or 120 penalty units, or both.
(2) For the purposes of this section, it is taken to be reasonable to suspect that money or other property is proceeds of indictable crime if:
(a) the conduct constituting the offence involves a number of transactions that are structured or arranged to avoid the reporting requirements of the Financial Transaction Reports Act 1988 that would otherwise apply to the transactions; or
(aa) the conduct involves a number of transactions that are structured or arranged to avoid the reporting requirements of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 that would otherwise apply to the transactions; or
(b) the conduct involves using one or more accounts held with ADIs in false names; or
(ba) the conduct amounts to an offence against section 139, 140 or 141 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 ; or
(c) the value of the money and property involved in the conduct is, in the opinion of the trier of fact, grossly out of proportion to the defendant’s income and expenditure over a reasonable period within which the conduct occurs; or
(d) the conduct involves a significant cash transaction within the meaning of the Financial Transaction Reports Act 1988 , and the defendant:
(i) has contravened his or her obligations under that Act relating to reporting the transaction; or
(ii) has given false or misleading information in purported compliance with those obligations; or
(da) the conduct involves a threshold transaction (within the meaning of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 ) and the defendant:
(i) has contravened the defendant’s obligations under that Act relating to reporting the transaction; or
(ii) has given false or misleading information in purported compliance with those obligations; or
(e) the defendant:
(i) has stated that the conduct was engaged in on behalf of or at the request of another person; and
(ii) has not provided information enabling the other person to be identified and located.
(4) Absolute liability applies to paragraphs (1AA)(b) and (c), (1AB)(b) and (c), (1)(b) and (c) and (1A)(b) and (c).
(5) This section does not apply if the defendant proves that he or she had no reasonable grounds for suspecting that the money or property was derived or realised, directly or indirectly, from some form of unlawful activity.
Note: A defendant bears a legal burden in relation to the matter in subsection (5) (see section 13.4).
Why Choose Sydney Criminal Lawyers®?
Going to court can be nerve-racking, but having a strong and compassionate legal team behind you can make the experience significantly easier to deal with.
Here are 12 reasons to choose our multi-award winning legal team:
-
Proven Track Record of Exceptional Results
Sydney Criminal Lawyers® consistently achieves outcomes which are in the highest percentile of the Judicial Commission’s sentencing statistics for criminal cases.
Our legal team devises effective case-strategies and fights hard to have cases dropped entirely or charges downgraded – saving clients the time, expense and stress of a defended hearing or jury trial.
Where cases nevertheless proceed, our lawyers have an outstanding track record of winning defended Local Court hearings, and complex jury trials in the District and Supreme Courts.
We also consistently win appeals in the District and Supreme Courts (including the NSWCCA) after clients have received unsatisfactory results with other law firms in the lower courts.We are one of the few firms to achieve successful criminal law appeals in the High Court of Australia.
Where our clients wish to plead guilty, we frequently achieve ‘dismissals’ and ‘non convictions’ in cases where other lawyers have advised there is no chance of doing so.
-
Highest Level of Client Satisfaction
We have the best and most comprehensive client review record of any law firm in Australia.
Regular communication, accessibility and quality service are our team’s highest priorities.
We are committed to thoroughly explaining all steps involved in the criminal law process, providing regular updates throughout the proceedings, and making ourselves accessible and responsive.
We are passionate about providing an exceptional level of service to our clients, and we fight hard to achieve optimal results in the shortest period of time.
-
Australia’s Most Awarded Criminal Law Firm
We have received more awards and accolades than any other criminal law firm in Australia. Our team has been awarded “Criminal Defence Firm of the Year in Australia” in a number of prestigious and competitive awards programs for several years running.
The awards recognise our exceptional track record of results, our outstanding client service, the high level of satisfaction we achieve, the affordability of our services and our overall excellence.
-
Fixed Fees
We want our clients to know exactly how much their cases will cost from the very start. That’s why we were the first criminal law firm in Australia to publish ‘fixed fees’, back in 2004.
We offer fixed fees for most types of criminal cases and services.Our fixed fees apply to a range of Local Court cases such as drink driving, drug possession, fraud, common assault and AVOs, and also specific services such as prison visits, bail applications, appeals and defended hearings.
Unlike many other law firms, our fixed fees are published on our website – which ensures transparency and certainty.
-
Free First Appointment
For those who are going to court, we offer a free first conference of up to an hour with one of our Senior Criminal Defence Lawyers.
We also offer a free first conference to those who have received an unsatisfactory result after being represented in court by another law firm, or after representing themselves, and wish to appeal.
-
Specialist Lawyer Guarantee
We guarantee that only lawyers with substantial criminal defence experience will work on your case and appear for you in court.
This ensures our clients receive the highest quality representation from an experienced, specialist criminal lawyer.
-
All NSW Courts
From Bombala to Broken Hill, our lawyers appear in courts throughout New South Wales – and across Australia for Commonwealth cases.
And we offer fixed fees for most criminal and traffic law cases throughout the state.
-
Accredited Specialists
Our entire firm is exclusively dedicated to criminal law – which makes us true specialists.
All of our lawyers have years of experience representing clients in criminal cases, and our principal has been certified by the Law Society of NSW as an Accredited Criminal Law Specialist since 2005.
An ‘Accredited Specialist’ is a lawyer who has practised for at least 5 years in a particular field of law (such as criminal law), has passed a rigorous assessment process conducted by the Law Society of NSW, and has been selected by the Specialist Accreditation Committee of the Law Society as an expert in the field.
Accredited Specialists are required to undertake more training each year than other lawyers and must be successful in having their accreditation renewed every year. Specialist Accreditation is the mark of a true specialist.
Our firm’s specialist experience ensures you receive the best possible result, whatever your criminal law case may be.
-
Results-Focused Law Firm
Our team is passionate about achieving results, and unlike many other law firms, our lawyers do not have monthly financial ‘budgets’ to meet.
The absence of budgets means our lawyers are entirely focused on achieving optimal results in the shortest space of time; whether by getting charges dropped or downgraded at an early stage or having cases ‘thrown out of court’.
Not having budgets also means our lawyers are not under pressure to engage in unscrupulous practices such as unnecessarily adjourning cases or ‘overcharging’ clients – which, sadly, is a common complaint against many other lawyers and law firms.
No budgets encourages regular consultation between lawyers within the firm – promoting an ‘open door’, team environment where lawyers bounce ideas off one another, formulate case strategy together and benefit from each other’s specialised experience, methods, techniques and insights.
The result is a firm which delivers optimal outcomes in the shortest time periods, at the least expense and stress to our clients.
-
Team of Lawyers Behind You
Our clients benefit from the pool of knowledge that only an extensive team of experienced criminal defence lawyers can provide.
Our lawyers regularly consult one another to stay ‘ahead of the pack’ in the ever-changing field of criminal law – constantly devising, refining and implementing specialised techniques which ensure our clients achieve the best possible outcomes.
A team approach is particularly important when it comes to serious criminal cases such as murder, commercial drug cases, serious and sexual assaults, large-scale fraud, robbery and other ‘indictable’ cases.
In such matters, clients reap the benefits of several lawyers devising and executing case strategies which maximise the chances of having cases dropped or downgraded at an early stage, or ‘thrown out of court’ – often saving clients a great deal of cost, time and anxiety.
-
Familiar with Magistrates and Judges
Each of our lawyers appears in court on a daily basis, and has done so for years. We have therefore been able to develop an understanding of, and rapport with, magistrates and judges in Sydney and indeed across the state.
Our team’s extensive experience before the courts ensures your case is tailored to the specific nuances of individual judicial officers, maximising the likelihood of a favourable result.
-
Convenience
We have offices in locations across the Sydney Metropolitan Area and beyond, including:
We offer free parking at our Sydney CBD offices, and all of our offices are close to train stations and bus terminals.
For those who are unable to attend our offices, we offer conferences by telephone, Skye and FaceTime anywhere around the world.
If you are going to court and wish to arrange a free first consultation, call our 24 hour hotline on (02) 9261 8881 or send us an email at info@sydneycriminallawyers.com.au.