Enacted parts

ARTICLE 323-7
(Act no. 2004-575 of 21 June 2004 article 46 II Official Journal of 22 June 2004)
Attempt to commit the misdemeanours referred to under articles 323-1 to 323-3-1 is subject to the same penalties.
CHAPTER IV
MONEY LAUNDERING
Articles 324-1 to 324-9
SECTION I
SIMPLE AND AGGRAVATED LAUNDERING
Articles 324-1 to 324-6
ARTICLE 324-1
(Act no. 96-392 of 13th May 1996 Article 1 Official Journal of 14th May 1996)
(Ordinance no. 2000-916 of 19 September 2000 Article 3 Official Journal of 22 September 2000 in force 1 January
2002)
Money laundering is facilitating by any means the false justification of the origin of the property or income of the
perpetrator of a felony or misdemeanour which has brought him a direct or indirect benefit.
Money laundering also comprises assistance in investing, concealing or converting the direct or indirect products of
a felony or misdemeanour.
Money laundering is punished by five years' imprisonment and a fine of €375,000.
ARTICLE 324-2
(Act no. 96-392 of 13th May 1996 Article 1 Official Journal of 14th May 1996)
(Ordinance no. 2000-916 of 19 September 2000 Article 3 Official Journal of 22 September 2000 in force 1 January
2002)
Money laundering is punished by ten years' imprisonment and a fine of €750,000:
1° where it was committed habitually or by using the facilities offered by the exercise of a professional activity;
2° where it was committed by an organised gang.
Updated 12/10/2005 - Page 81/132

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PENAL CODE
ARTICLE 324-3
(Inserted by Act no. 96-392 of 13th May 1996 Article 1 Official Journal of 14th May 1996)
The fines referred to under articles 324-1 and 324-2 may be raised to amount to half the value of the property or
funds in respect of which the money laundering operations were carried out.