193B   Money laundering

(1)  A person who deals with proceeds of crime:

(a)  knowing that it is proceeds of crime, and

(b)  intending to conceal that it is proceeds of crime,

      is guilty of an offence.

Maximum penalty: imprisonment for 20 years.

(2)  A person who deals with proceeds of crime knowing that it is proceeds of crime is guilty of an offence.

Maximum penalty: imprisonment for 15 years.

(3)  A person who deals with proceeds of crime being reckless as to whether it is proceeds of crime is guilty of an offence.

Maximum penalty: imprisonment for 10 years.

(4)  It is a defence to a prosecution for an offence under this section if the defendant satisfies the court that the defendant dealt with the proceeds of crime to assist the enforcement of a law of the Commonwealth, a State or a Territory.