Document ID: chunk:federal_register_of_legislation:C2020A00047:clause:2_151zi
Version: federal_register_of_legislation:C2020A00047
Segment Type: clause
Provision Reference: sch 2 cl 151ZI
Character Range: 122896–124174

151ZI  Anti‑avoidance
 (1) A corporation must not, either alone or together with one or more other persons:
 (a) enter into a scheme; or
 (b) begin to carry out a scheme; or
 (c) carry out a scheme;
for the sole or dominant purpose of avoiding the application of any provision of this Part in relation to:
 (d) the corporation; or
 (e) any other corporation.

Ancillary contraventions
 (2) A person must not:
 (a) aid, abet, counsel or procure a contravention of subsection (1); or
 (b) induce, whether by threats or promises or otherwise, a contravention of subsection (1); or
 (c) be in any way, directly or indirectly, knowingly concerned in, or party to, a contravention of subsection (1); or
 (d) conspire with others to effect a contravention of subsection (1).

Civil penalty provisions
 (3) Subsections (1) and (2) are civil penalty provisions.
Note: Part 31 provides for pecuniary penalties for breaches of civil penalty provisions.

Scheme
 (4) For the purposes of this section, scheme means:
 (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied; or
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise;
but does not include a functional separation undertaking.