Meaning of scheme

Current

(1)

For this part, a scheme includes all or part of—

(a)

a contract, agreement, arrangement, understanding, promise or undertaking (including all steps and transactions bringing it into effect)—

(i)

whether entered into or made orally or in writing; and

(ii)

whether express or implied; and

(iii)

whether or not enforceable; and

(b)

a plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise; and

(c)

a trust.

(2)

A reference in this part to a scheme includes a reference to any part of the scheme.

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