Money laundering offence defined to include attempt, assistance or involvement in concealment, possession, acquisition or use. An explanation to section 3 clarifies that a person is guilty of the offence of money laundering if found to have directly or indirectly attempted to ... Summary
Money laundering offence defined to include attempt, assistance or involvement in concealment, possession, acquisition or use.
An explanation to section 3 clarifies that a person is guilty of the offence of money laundering if found to have directly or indirectly attempted to indulge in, knowingly assisted, been a party to, or is actually involved in concealment, possession, acquisition, use, projecting proceeds as untainted property, or claiming them as untainted property; and that such process or activity is a continuing activity until the person is directly or indirectly enjoying the proceeds by those means.
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