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Penalty for Money Laundering | Section 193B Crimes Act NSW

The maximum penalty for the offence of “money laundering” is 20 years in prison.

According to the Judicial Commission of NSW, the actual penalties imposed for the offence are as follows:

  • Community Correction Order: 47.69%
  • Intensive Correction Order: 25.38%
  • Prison: 10.77%
  • Conditional Release Order without Conviction: 6.92%
  • Fine Only: 6.15%
  • Conditional Release Order with Conviction: 3.08%

The average prison sentence for the offence is 10 months imprisonment, and the average non-parole period (or minimum prison term that must be served) is 7 months in prison.

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