(1) A person shall not, in respect of property which in whole or in part, directly or indirectly, represents his or her proceeds of criminal conduct —
(a) conceal or disguise that property;
(b) convert or transfer that property; or
(c) bring into or remove from Saint Lucia, that property.
(2) A person shall not, in respect of property which in whole or in part directly or indirectly represents the proceeds of criminal conduct —
(3) In proceedings against a person for an offence under subsection (1) or (2), it is a defence to prove that the person was carrying out a function relating to the enforcement of this Act.
(4) For the purposes of subsections (1) and (2), “disguise or conceal” includes disguising or concealing the disposition, location, movement, nature, ownership or a right of the property.
(5) A person who contravenes subsection (1) or (2) commits an offence and is liable —
(a) on summary conviction to a fine of not less than $500,000 and not exceeding $5,000,000 or to imprisonment for a term of not less than 5 years and not exceeding 10 years or both;
(b) on conviction on indictment to a fine of not less than $1,000,000 and not exceeding $10,000,000 or to imprisonment for a term of not less than 10 years and not exceeding 15 years or both.
(Amended by Act 13 of 2013, by Act 20 of 2016, by Act 16 of 2021 and substituted by Act 5 of 2023)