Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Any person who, knowing that any property was derived from a serious State drug offence, in a State other than a prescribed State or a Territory other than a prescribed Territory:
(a) converts that property to his or her own use or to the use of another person; or
(b) transfers that property to another person;
with the intention of:
(c) concealing or disguising that the property was derived from the offence; or
(d) assisting another person involved in the commission of the offence to evade the legal consequences of that involvement;
commits an offence punishable, on conviction, by imprisonment for a period not exceeding 20 years.
(2) For the purposes of an offence against this section, absolute liability applies to the physical element of circumstance of the offence, that the conversion or transfer of property takes place in:
(a) a State other than a prescribed State; or
(b) a Territory other than a prescribed Territory.
Note: For absolute liability , see section 6.2 of the Criminal Code .