Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeeds of Unlawful Activities Act 2001 · Updated to 1 Mar 2026 · Part II · Money Laundering Offences
4A. Offence of structuring transactions to evade reporting requirement
Feedback & supportNo person shall structure, or direct, assist or participate in structuring, any transaction in the domestic or foreign currency to avoid the application of paragraph 14(1)(a).
Any person who contravenes subsection (1) commits an offence and shall on conviction be liable to a fine of not more than five times the aggregate sum or value of the transaction at the time the offence was committed or to imprisonment for a term not exceeding seven years or to both.
In determining whether a transaction was conducted in contravention of this section, the following matters may be taken into consideration:
the value of the money or property involved in each transaction;
the total value of the transactions;
the period of time over which the transactions took place;
the interval of time between any of the transactions;
the locations at which the transactions took place.