RELEVANT ACTIVITIES: (a) banking business; (b) insurance business; (c) fund management business; (d) finance and leasing business; (e) headquarters business; (f) shipping business; (g) holding business; (h) intellectual property business; (i) distribution...
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RELEVANT ACTIVITIES: (a) banking business; (b) insurance business; (c) fund management business; (d) finance and leasing business; (e) headquarters business; (f) shipping business; (g) holding business; (h) intellectual property business; (i) distribution and service centre business. In this Act, unless the context otherwise requires: “distribution and service centre business” means the business of either or both of the following (a) purchasing from foreign affiliates: (i) component parts or materials for goods; or (ii) goods ready for sale; and (iii) (iii) reselling such component parts, materials or goods; (b) providing services to foreign affiliates in connection with the business, but does not include any activity included in any other relevant activity except holding business; THE EXPRESSION “CORE INCOME-GENERATING ACTIVITIES” INCLUDES, IN RELATION TO RELEVANT ACTIVITIES: In respect of distribution and service centre business (i) transporting and storing goods; (ii) managing stock
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