BROADCASTING SERVICES ACT 1992 - SECT 205AG Anti - avoidance

BROADCASTING SERVICES ACT 1992 - SECT 205AG

  (1)   The holder of a transmitter licence must not, either alone or together with one or more other persons, do any of the following:

  (a)   enter into a scheme;

  (b)   begin to carry out a scheme;

  (c)   carry out a scheme;

if it would be concluded that the holder of the transmitter licence did so for the sole or dominant purpose of avoiding the application of any provision of the Commercial Broadcasting (Tax) Act 2017 (other than section   14 of that Act) in relation to:

  (d)   the holder of the transmitter licence; or

  (e)   the holder of any other transmitter licence.

Civil penalty provision

  (2)   Subsection   (1) is a civil penalty provision.

Note:   Part   14B deals with civil penalties.

Validity of transactions

  (3)   A contravention of subsection   (1) does not affect the validity of any transaction.

Scheme

  (4)   For the purposes of this section, scheme means:

  (a)   any agreement, arrangement, understanding, promise or undertaking, whether express or implied; or

  (b)   any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise.