Chief Executive Officer of Australian Transaction Reports and Analysis Centre v TAB Limited (No 3) [2017] FCA 1296

FEDERAL COURT OF AUSTRALIA

Chief Executive Officer of Australian Transaction Reports and Analysis Centre v TAB Limited (No 3) [2017] FCA 1296 File number: NSD 852 of 2015

Judge: PERRAM J

Date of judgment: 10 November 2017

Catchwords: STATUTES – Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) – where admitted contraventions by Respondents of statute PRACTICE AND PROCEDURE – civil penalties – whether agreed penalty appropriate in circumstances

Legislation: Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) Parts 2, 3, 3A, 7, ss 3, 32, 41, 41(2)(a), 51B, 51B(1), 51B(1)(a), 51C(1), 51E(1), 81, 81(1)(a), 81(1)(b), 82, 83, 83(1)(b), 85, 85(2)(c), 85(3)(b), 175(3), 175(3)(a), 175(3)(b), 175(3)(c), 175(3)(d), 175(3)(e), 175(3)(f), 175(3)(g), 175(4), 175(6), 229 Crimes Act 1914 (Cth) s 4AA Financial Transaction Reports Act 1988 (Cth) Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No.1) (Cth)

Cases cited: Australian Competition and Consumer Commission v Australian Safeway Stores Pty Limited [1997] FCA 450; (1997) 145 ALR 36 Australian Competition and Consumer Commission v Singtel Optus Pty Limited (No 4) [2011] FCA 761; (2011) 282 ALR 246 Commonwealth of Australia v Director, Fair Work Building Industry Inspectorate [2015] HCA 46; (2015) 258 CLR 482 Construction, Forestry, Mining and Energy Union v Cahill [2010] FCAFC 39; (2010) 269 ALR 1 Markarian v The Queen [2005] HCA 25; (2005) 228 CLR 357 Minister for Industry, Tourism & Resources v Mobil Oil Australia Pty Ltd [2004] FCAFC 72; [2004] ATPR 41-993 Murrihy v Betezy.com.au Pty Ltd (No 2) [2013] FCA 1146; (2013) 221 FCR 118 R v Kilic [2016] HCA 48; (2016) 259 CLR 256 Singtel Optus Pty Ltd v Australian Competition and Consumer Commission [2012] FCAFC 20; (2012) 287 ALR 249 Trade Practices Commission v CSR Limited [1990] FCA 521; (1991) ATPR 41-076