36Exemption for certain activities related to unlicensed businesses

36 Exemption for certain activities related to unlicensed businesses

36 Exemption for certain activities related to unlicensed businesses

(1) The Act does not apply to a person to the extent—

(a) the person carries on a business that is not otherwise required to be licensed under the Act, and

(b) in the course of, or ancillary to, carrying on the business, the person—

(i) sells goods under a power conferred by the Uncollected Goods Act 1995, or

(ii) takes goods as a trade-in, or

(iii) sells goods taken as a trade-in, or

(iv) sells goods for the purpose of taking or enforcing security over the goods, or

(v) if the business is a rental business—sells goods that have become second-hand goods because of being used in the rental business.

(2) In this section—

trade-in, in relation to goods, means the taking of the goods as part payment for other goods.