Section 11K: Money-laundering

11K. Money-laundering.___ (1) A person commits an offence if he enters into or becomes concerned in any arrangement which facilitates the retention or control, by or on behalf of another person, of terrorist property: (a) by concealment, (b) by removal from the jurisdiction, (c) by transfer to nominees, or (d) in any other way. (2) It is a defense for a person charged with an offence under subsection (1) to prove that he did not know and had no reasonable cause to suspect that the arrangement related to terrorist property.

Effective date: 1997-08-16

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