Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteFor the purposes of subsection 1023S(1) , (2) , (3) or (4) , it is reasonable to conclude, unless the contrary is proved, that a person entered into or carried out a scheme for the purpose of avoiding a credit product intervention order (within the meaning of subsection 1023S(11) ) if: (a) the scheme is of a kind prescribed by the regulations; or (b) the scheme is of a kind determined by ASIC under subsection (3) .
1023T(2)
In proving the contrary for the purposes of subsection (1) , regard must be had to any matters as required under subsection 1023S(8) .
1023T(3)
ASIC may, by legislative instrument, determine a scheme, or a class of schemes, for the purposes of paragraph (1)(b) .
1023T(4)
This section does not have effect for the purposes of determining whether a person has committed an offence against subsection 1023S(10) .
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