Commonwealth Consolidated Acts Commonwealth Consolidated Acts(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 Act.
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