78
In forceTax avoidance schemes
Schedule 1Savings, transitional and other provisions
Part 31Provisions consequent on enactment of State Revenue Legislation Further Amendment Act 2009
78 Tax avoidance schemes
(1)
Chapter 11A applies in respect of a scheme if the scheme, or any part of the scheme—
(a)
is entered into or made on or after 1 July 2009, or
(b)
is carried out on or after 1 July 2009 (regardless of when it was first entered into or made).
(2)
However, Chapter 11A does not apply to any amount of duty avoided by a person as a result of a tax avoidance scheme if, apart from the scheme, liability for the duty concerned would have arisen before 1 July 2009.
This Act’s bill:Explanatory memorandumSecond reading speech
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