- This is not current policy -
The policy in this manual ceases to be effective from 29 November 2010.
|
|
|
|
lawful business enterprise
From policy: BI6.5 Business definitions (Investor Category)
BI6.5.15 ‘Lawful business enterprise’
A business enterprise is an organisation that:
- operates in a commercial environment with the goal of returning a profit, and
- is not set up primarily for passive or speculative purposes.
Effective 04/07/2005