(1) In this section "specified conduct" means any of the following acts referred to in section 7(1) (including section 7(1) as applied by section 8 or 9):

(a) concealing or disguising the true nature, source, location, disposition, movement or ownership of property, or any rights relating to property;

(b) converting, transferring, handling, acquiring, possessing or using property;

(c) removing property from, or bringing property into, the State or a place outside the State.

(2) In proceedings for an offence under section 7, 8 or 9, where an accused has engaged, or attempted to engage, in specified conduct in relation to property that is the proceeds of criminal conduct, in circumstances in which it is reasonable to conclude that the accused -

(a) knew or believed the property was the proceeds of criminal conduct, or

(b) was reckless as to whether or not the property was the proceeds of criminal conduct,