Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
243: Money laundering
or “This law explains what happens if you try to hide or use money from illegal activities.”
You could also call this:

“You can be charged for handling illegal money even if the person who committed the original crime hasn't been caught or found guilty.”

You can be charged with money laundering even if the person who committed the original crime hasn’t been charged or convicted. This applies to any property that comes from a crime covered by section 243(2) or (3). Money laundering charges can be made against you for handling the proceeds of a crime, regardless of what happens to the person who committed that crime.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

Next up: 244: Defence of enforcement of enactment

or “You can't be charged for money laundering if you were trying to stop it or enforce the law against it.”
Next

Part 10 Crimes against rights of property
Money laundering

243ACharges for money laundering

  1. A person may be charged under section 243(2) or (3) in respect of any property that is the proceeds of an offence to which section 243(2) or (3) applies even though the person who committed the offence—

  2. has not been charged with that offence; or
    1. has not been convicted of that offence.

      Notes
      • Section 243A: replaced, on , by section 14 of the Crimes Amendment Act 2015 (2015 No 95).