Acquiring, possessing, using, concealing or transferring benefits from criminal conduct
47.—(1)  Any person who —
(a)conceals or disguises any property which is, or in whole or in part, directly or indirectly, represents, his benefits from criminal conduct;
[44/2007 wef 01/11/2007]
(b)converts or transfers that property or removes it from the jurisdiction; or
[44/2007 wef 01/11/2007]
(c)acquires, possesses or uses that property,
shall be guilty of an offence.
[44/2007 wef 01/11/2007]
[25/99]
(2)  Any person who, knowing or having reasonable grounds to believe that any property is, or in whole or in part, directly or indirectly, represents, another person’s benefits from criminal conduct —
(a)conceals or disguises that property; or
(b)converts or transfers that property or removes it from the jurisdiction,
shall be guilty of an offence.
[4/2010 wef 17/02/2010]
[25/99]
(3)  Any person who, knowing or having reasonable grounds to believe that any property is, or in whole or in part, directly or indirectly, represents, another person’s benefits from criminal conduct, acquires that property, or has possession of or uses such property, shall be guilty of an offence.
[44/2007 wef 01/11/2007]
[4/2010 wef 17/02/2010]
[25/99]
(4)  In subsections (1)(a) and (2)(a), references to concealing or disguising any property include references to concealing or disguising its nature, source, location, disposition, movement or ownership or any rights with respect to it.
[25/99]
(5)  [Deleted by Act 2 of 2012 wef 01/03/2012]
(6)  Any person who commits an offence under this section shall be liable on conviction —
(a)if the person is an individual, to a fine not exceeding $500,000 or to imprisonment for a term not exceeding 10 years or to both; or
[44/2007 wef 01/11/2007]
[Act 21 of 2014 wef 01/09/2014]
(b)if the person is not an individual, to a fine not exceeding $1 million or twice the value of the property in respect of which the offence was committed, whichever is higher.
[Act 51 of 2018 wef 01/04/2019]
[Act 51 of 2018 wef 01/04/2019]