Introduction Details of the Section
2.Subsection (1) defines “transaction”.
3.Subsection (2) defines “series of transactions”.
4.Subsection (3) provides that none of the matters set out in subsection (4) will prevent a series of transactions from being regarded as constituting the means by which provision has been made or imposed between any two persons.
5.Subsection (4) lists at (a) to (c) the matters referred to in subsection (3).
6.Subsection (5) defines “arrangement” for the purposes of section 111.