21Simplified outline of this Part

21 Simplified outline of this Part

The object of this Part is to deter schemes that give entities benefits by reducing charge or increasing amounts of charge offset.

If the sole or dominant purpose, or principal effect, of a scheme is to give an entity such a benefit, the Commissioner may negate the benefit an entity gets from the scheme by declaring:

(a) how much charge would have been payable; or

(b) how much charge offset would have been available;

if the scheme had not existed.