Streamlining Arms Exports to Australia and UK; Increasing Penalties for Violations.
This law simplifies the rules for exporting defense equipment and services between the United States, Australia, and the United Kingdom under the AUKUS partnership by waiving most licensing requirements. While primarily affecting the defense industry and national security, it also significantly increases the maximum financial penalties (up to $5 million) and prison sentences (up to 25 years) for illegal arms trade violations. Citizens involved in this sector face much stricter criminal liability.
Key points
Waiver of standard export licensing requirements for most defense transfers between the US, Australia, and the UK (AUKUS).
Maximum penalties for violating arms export control rules are drastically increased: fines rise from $1 million to $5 million, and imprisonment from 20 to 25 years.
New reporting requirements are established for defense transfers that are exempt from standard licensing rules.
Expired
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