Banking Act 1959
A person shall not, except with the consent in writing of the Reserve Bank, take or send any gold out of Australia. (2)
A person commits an offence if:
(a) the person contravenes subsection (1); and
(b) (Repealed by No 154 of 2007)
(c) there is no instrument in force under section 48 exempting the person from the application of this subsection.
Penalty: 200 penalty units.
Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
If a body corporate is convicted of an offence against this subsection, subsection 4B(3) of the Crimes Act 1914 allows a court to impose a fine of up to 5 times the penalty stated above.
An offence against subsection (2) is an indictable offence.