Duties Act 1997 No 123
Historical version for 25 October 2011 to 31 December 2011 (accessed 22 November 2014 at 13:54) Current version
Chapter 11ASection 284J

284J   Meaning of “scheme”

(1)  In this Chapter, a scheme means:
(a)  a trust, contract, agreement, arrangement, understanding, promise or undertaking (including all steps and transactions by which it is carried into effect):
(i)  whether entered into or made orally or in writing, and
(ii)  whether express or implied, and
(iii)  whether or not it is, or is intended to be, enforceable by legal proceedings, or
(b)  a scheme, plan, proposal, action, course of action or course of conduct.
(2)  A scheme may be a unilateral scheme.
(3)  This Chapter applies in relation to a part of a scheme in the same way as it applies to a scheme. For that purpose, a reference in this Chapter to a scheme includes a reference to a part of a scheme.
Top of page