New South Wales Repealed Regulations

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This legislation has been repealed.

SMALL BUSINESSES' LOANS GUARANTEE REGULATION 1994 - REG 4

Prescribed purpose (sec 2)

4 Prescribed purpose (sec 2)

For the purposes of paragraph (a) of the definition of "small business" in section 2 of the Act, the purpose of carrying on any kind of business activity is a prescribed purpose so long as:

(a) the activity is carried on in a scheduled industry, and
(b) the activity does not comprise the manufacturing or processing of goods, the operation of an excluded establishment or the provision of an excluded service.



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