Victorian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FIREARMS ACT 1996 - SECT 101B

Prohibition on providing financial accommodation for the illegal acquisition or disposal of firearms

    (1)     A person must not lend money, guarantee the lending of money or otherwise provide financial accommodation for the purpose of acquiring or disposing of a category A or B longarm

        (a)     knowing that the acquisition or disposal does not comply with this Act; or

        (b)     being reckless as to whether or not the acquisition or disposal complies with this Act.

Penalty:     120 penalty units or 2 years imprisonment.

    (2)     A person must not lend money, guarantee the lending of money or otherwise provide financial accommodation for the purpose of acquiring or disposing of a category C or D longarm or a general category handgun

        (a)     knowing that the acquisition or disposal does not comply with this Act; or

        (b)     being reckless as to whether or not the acquisition or disposal complies with this Act.

Penalty:     240 penalty units or 4 years imprisonment.

    (3)     A person must not lend money, guarantee the lending of money or otherwise provide financial accommodation for the purpose of acquiring or disposing of a category E longarm or a category E handgun

        (a)     knowing that the acquisition or disposal does not comply with this Act; or

        (b)     being reckless as to whether or not the acquisition or disposal complies with this Act.

Penalty:     600 penalty units or 7 years imprisonment.

S. 101C inserted by No. 44/2021 s. 20.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback