HC Deb 15 July 1981 vol 8 c1355

Part I

1. The goods are brought by the trader in quantities larger than those in which he sells them.

2. The goods are brought and sold by the trader in different markets.

3. The trader employs staff and incurs expenses in the trade in addition to the cost of the goods and, in the case of a trade carried on by a company, in addition to any remuneration paid to any person connected with it.

PART II

4. There are purchases or sales from or to persons who are connected with the trader.

5. Purchases are matched with forward sales or vice versa.

6. The goods are held by the trader for longer than is normal for goods of the kind in question.

7. The trade is carried on otherwise than at a place or places commonly used for wholesale or retail trade.

8. The trader does not take physical possession of the goods.'.—[Mr.Lawson.]

Brought up, read the First and Second time, and added to the Bill.

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