Document ID: chunk:federal_register_of_legislation:C2023C00239:clause:3_158t
Version: federal_register_of_legislation:C2023C00239
Segment Type: clause
Provision Reference: sch 3 cl 158T
Character Range: 22436–23284

158T  Anti‑avoidance
  A person must not, either alone or together with one or more other persons, enter into, begin to carry out or carry out a scheme if:
 (a) it would be concluded that the person, or any of the persons, who entered into, began to carry out or carried out the scheme or any part of the scheme did so for the sole purpose or for a purpose (that is not incidental) of avoiding the application of any provision of this Part in relation to any person or persons (whether or not a person or persons who entered into, began to carry out or carried out the scheme or any part of the scheme); and
 (b) the scheme or the part of the scheme has achieved, or apart from this section, would achieve, that purpose.
Civil penalty: 5,000 penalty units.

National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009