48BMeaning of trade, industry or commerce entity

48B Meaning of trade, industry or commerce entity (1) An entity is a trade, industry or commerce entity if: (a) a purpose of the entity is to promote trade, industry or commerce (whether generally or in respect of any particular kind of trade, industry or commerce); and (b) the entity is not an entity mentioned in section 48A(3)(a) to (f). (2) However, an entity is not a trade, industry or commerce entity if: (a) the entity's sole or predominant purpose is a category 1 to 3 purpose; or (b) the entity has 2 or more purposes that: (i) are each category 1 to 3 purposes; and (ii) together constitute the entity's predominant purpose.