Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Disclosure

76 Every person or entity that contravenes section 8 is guilty of an offence and liable

• (a) on summary conviction, to a fine of not more than $1,000,000 or to imprisonment for a term of not more than one year, or to both; or

• (b) on conviction on indictment, to a fine of not more than $2,500,000 or to imprisonment for a term of not more than two years, or to both.