Document ID: chunk:federal_register_of_legislation:C2004A00669:clause:1_596ab
Version: federal_register_of_legislation:C2004A00669
Segment Type: clause
Provision Reference: sch 1 cl 596AB
Character Range: 4255–5301

596AB  Entering into agreements or transactions to avoid employee entitlements

 (1) A person must not enter into a relevant agreement or a transaction with the intention of, or with intentions that include the intention of:
 (a) preventing the recovery of the entitlements of employees of a company; or
 (b) significantly reducing the amount of the entitlements of employees of a company that can be recovered.

 (2) Subsection (1) applies even if:
 (a) the company is not a party to the agreement or transaction; or
 (b) the agreement or transaction is approved by a court.

 (3) A reference in this section to a relevant agreement or a transaction includes a reference to:
 (a) a relevant agreement and a transaction; and
 (b) a series or combination of:
 (i) relevant agreements or transactions; or
 (ii) relevant agreements; or
 (iii) transactions.

 (4) If a person contravenes this section by incurring a debt (within the meaning of section 588G), the incurring of the debt and the contravention are linked for the purposes of this Law.