Crimes Legislation Amendment (Economic Disruption) Bill 2020 Senate Legal and Constitutional Affairs Legislation Committee 16 October 2020 Telephone +61 2 6246 3788 • Fax +61 2 6248 0639 Email
[email protected] GPO Box 1989, Canberra ACT 2601, DX 5719 Canberra 19 Torrens St Braddon ACT 2612 Law Council of Australia Limited ABN 85 005 260 622 www.lawcouncil.asn.au Table of Contents About the Law Council of Australia ............................................................................... 3 Acknowledgement .......................................................................................................... 4 Executive Summary ........................................................................................................ 5 Overview of proposed amendments.............................................................................. 6 Money laundering offences (Schedule 1) ...................................................................... 6 New ‘tiers’ of offences for high-value money laundering............................................. 6 Proof of predicate offences ........................................................................................ 6 Fault elements for attempt offences in relation to Division 400 ................................... 8 Definition of ‘deals with’ in relation to money or property ............................................ 8 Partial defence of ‘mistake of fact as to value’ ........................................................... 9 Obligations in covert investigations (Schedule