Article 6 Laundering offences

1.

a)

the conversion or transfer of property, knowing that such property is proceeds, for the purpose of concealing or disguising the illicit origin of the property or of assisting any person who is involved in the commission of the predicate offence to evade the legal consequences of his actions;

b)

the concealment or disguise of the true nature, source, location, disposition, movement, rights with respect to, or ownership of, property, knowing that such property is proceeds;

and, subject to its constitutional principles and the basic concepts of its legal system:

c)

the acquisition, possession or use of property, knowing, at the time of receipt, that such property was proceeds;

d)

participation in, association or conspiracy to commit, attempts to commit and aiding, abetting, facilitating and counselling the commission of any of the offences established in accordance with this Article.

2.

a)

it shall not matter whether the predicate offence was subject to the criminal jurisdiction of the Party;

b)

it may be provided that the offences set forth in that paragraph do not apply to the persons who committed the predicate offence;

c)

knowledge, intent or purpose required as an element of an offence set forth in that paragraph may be inferred from objective, factual circumstances.

3.

a)

ought to have assumed that the property was proceeds:

b)

acted for the purpose of making profit;

c)

acted for the purpose of promoting the carrying on of further criminal activity.

4.