Clause 5

after subsection (3), insert —“(3A) Any person —

who —

conceals or disguises any property which is, or in whole or in part, directly or indirectly, represents, another person’s benefits of drug dealing;

converts or transfers that property or removes it from the jurisdiction; or

acquires, possesses or uses that property; and

who —

does so rashly in respect of the circumstance that the property represents another person’s benefits of drug dealing; or

does so negligently,shall be guilty of an offence.”;

in subsection (4), replace “and (2)(a)” with “, (2)(a) and (3A)(a)(i)”; and

replace subsection (5) with —“(5) Any individual who commits an offence under subsection (1), (2) or (3) shall be liable on conviction to a fine not exceeding $500,000 or to imprisonment for a term not exceeding 10 years or to both.(6) Any individual who commits an offence under subsection (3A) shall be liable on conviction —

in a case mentioned in subsection (3A)(b)(i), to a fine not exceeding $250,000 or to imprisonment for a term not exceeding 5 years or to both; or

in a case mentioned in subsection (3A)(b)(ii), to a fine not exceeding $150,000 or to imprisonment for a term not exceeding 3 years or to both.(7) Any person who is not an individual who commits an offence under subsection (1), (2), (3) or (3A) shall be liable on conviction to a fine not exceeding $1 million or twice the value of the benefits of drug dealing in respect of which the offence was committed, whichever is higher.”.