money laundering offence". Prior to 1987 money laundering criminals were convicted based on the monetary value of the property involved and level of knowledge of the offence which fall into the following three; -Knowing and Wilful -Recklessness -Negligence Nonetheless Australia’s response to FATF 1st recommendation, Money Laundering is criminalised under the revised Criminal Code Act 1995 and was implemented in 2003. In order to monitor money laundering regulations and mandatory reporting by cash dealers
Words: 2296 - Pages: 10
obtained. In 1968, the Theft Act 1968 was passed. This Act was a new code that swept away the pervious law in the Larceny Act 1916 creating a new range of offences which were framed to avoid the technicality and complexity of the old law. In 1978, the Theft Act 1978 was passed to replace s16 (2)(a) of the Theft Act 1968 which had proved highly unsatisfactory. The Theft Act 1978 also contains other provisions to fill some gaps left by the previous Act. The Theft Acts 1968 and 1978 created a range
Words: 1977 - Pages: 8
issue involving eminent domain. Eminent domain is the transfer of property from one private party (Kelo) to a public party (City of New London), with proper compensation. The case brought to light the difference between what is considered to be public use and what is the best public purpose. Susette Kelo and fellow property owners owned property that was condemned by the city of New London to be used as further economic development. The properties were taken from the owners due to the fact a pharmaceutical
Words: 1437 - Pages: 6
developments have centered around two main areas firstly the development of more powerful and efficient energy sources and secondly to obtain maximum possible motive power from the available energy. The second development is heavily dependent on the properties of engineering materials. In aircraft and aerospace industries, a union of opposites i.e., lightweight in combination with high stiffness is demanded. In pressure vessels technology, high strength and corrosion resistance are both prerequisites
Words: 1529 - Pages: 7
Loyola Law School (Los Angeles) Legal Studies Paper No. 2005-18 August 2005 Facilitating Compulsory Licensing under TRIPS in Response to the AIDS Crisis in Developing Countries Professor Hans Henrik Lidgard Professor Jeffery Atik This paper can be downloaded without charge from the Social Science Research Network (SSRN) electronic library at: http://ssrn.com/abstract=794228 FACILITATING COMPULSORY LICENSING UNDER TRIPS IN RESPONSE TO THE AIDS CRISIS IN DEVELOPING COUNTRIES Hans Henrik Lidgard
Words: 8057 - Pages: 33
WHAT IS CYBER CRIME? Crime is a common word that we always heard in this globalization era. Crimes refer to any violation of law or the commission of an act forbidden by law. Crime and criminality have been associated with man since long time ago. There are different strategies practices by different countries to contend with crime. It is depending on their extent and nature. It can be concluded that a nation with high index of crime cases cannot grow or develop well. This is because crime is the
Words: 1433 - Pages: 6
specifically the Fort Trumbull area vacated by the U.S. Navy. Pfizer Pharmaceuticals, Inc. expressed an interest in locating a research and production facility in the area. The city advised the NLDC to move forward with its plans. Over 90 acres of property were purchased and acquired through eminent domain for the development of residential housing, recreational, marina, retail and industrial parcels. Of the 90 acres, thirty-two of the acres came from Fort Trumbull and the remainder from private owners
Words: 1569 - Pages: 7
Marketers Marketing Law ………………………………………………………………….. 5 Republic Act No. 8424: The National Internal Revenue Code of 1997 .................... 5 Republic Act No. 8293: Intellectual Property Code of the Philippines …………… 6 Batas Pambansa Bilang 68: Corporation Code of The Philippines …………. . 6 Republic Act No. 8799: Securities Regulation Code of the Philippines …………… 7 Republic Act 8792: Electronic Commerce Act of 2000 …………………………... 8 Legal Recognition of Electronic Writing or
Words: 7217 - Pages: 29
al C ontr act C on sti tuti on al Hist ory of I ndi a Use of Law J ournal s and L egal S oftw ar e 1 Semester – I Monsoon Semester CORE CO URSE 101 : LAW OF TO RT I NCLUDI NG M V ACCI DENT AND CO NS UM ER P ROTECTION LAWS Objectives of the Course : Wit h rap id industrializat ion, to rt actio n came to u sed again st manu factu rers and industrial un it fo r p roducts injurious to human beings. Present ly the emphas is is o n extend ing th e principles no t only to acts, which are
Words: 16483 - Pages: 66
The Dedham Grant Deed was an agreement created by the residents of the colonial settlement, Dedham, Massachusetts in 1667. The land transfer was facilitated between colonial representative John Pynchon of Springfield, Massachusetts, and the Pocumtuck sachem, Chauk. The Pocumtuck’s land was contained within the deed yet Chauk willingly signed it off, in English legal terms, to be owned by the Dedham residents. This exchange illustrates the opposing concepts of “ownership” between the natives and colonists
Words: 295 - Pages: 2
