(j) any trusts in which the person has a beneficial interest; (k) any transfers of property made by the person to another person in the previous 6 years if the total value of those transfers is $50 000 or more; (l) any transfers of property to the person made by another person in the previous 6 years if the total value of those transfers is $50 000 or more. (2) In addition, if a notice under section 40M is given to a person in place of a notice under section 40K, the declaration must include any statement required under section 40L. Note Section 40M(3)(a) provides that a notice under section 40M may be given to a person in place of a notice under section 40K. 40O Offences S. 40O inserted by No. 79/2014 (1) A person who is given a notice under section 40K s. 16. must not, without reasonable excuse, fail to give the declaration of property interests required by that notice to a police officer within 14 days after the notice is given to the person. Penalty: Level 9 fine (60 penalty units maximum). (2) A person who is given a notice under section 40M must not, without reasonable excuse, fail to give the declaration of property interests required by that notice to a police officer within 28 days after the notice is given to the person. Penalty: Level 9 fine (60 penalty units maximum). (3) A person who is given a notice under section 40K or 40M must not make a statement in the
(j) any trusts in which the person has a beneficial interest; (k) any transfers of property made by the person to another person in the previous 6 years if the total value of those transfers is $50 000 or more; (l) any transfers of property to the person made by another person in the previous 6 years if the total value of those transfers is $50 000 or more. (2) In addition, if a notice under section 40M is given to a person in place of a notice under section 40K, the declaration must include any statement required under section 40L. Note Section 40M(3)(a) provides that a notice under section 40M may be given to a person in place of a notice under section 40K. S. 40O inserted by No. 79/2014 s. 16. 40O Offences (1) A person who is given a notice under section 40K must not, without reasonable excuse, fail to give the declaration of property interests required by that notice to a police officer within 14 days after the notice is given to the person. Penalty: Level 9 fine (60 penalty units maximum). (2) A person who is given a notice under section 40M must not, without reasonable excuse, fail to give the declaration of property interests required by that notice to a police officer within 28 days after the notice is given to the person. Penalty: Level 9 fine (60 penalty units maximum). (3) A person who is given a notice under section 40K or 40M must not make a statement in the