Commonwealth Consolidated Acts

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PROCEEDS OF CRIME ACT 2002 - SECT 15L

Offence for contravening freezing orders

    A * financial institution commits an offence if:

  (a)   the institution allows a withdrawal from or transaction involving an * account with the institution; and

  (b)   there is a * freezing order relating to the account; and

  (c)   allowing the withdrawal or transaction contravenes the order.

Penalty:   Imprisonment for 5 years or 300 penalty units or both.



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