Appendix 2: Business activities that are not eligible activities

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Schedule 4 - Business activities that are not eligible activities under Division 3 of Part XI

• Banking (see note) and the provision of finance
• Financial services
• Investment in tainted assets, or tainted commodity investments, within the meaning of section 317 (see note)
• Life insurance business (see note)
• General insurance business (see note)
• Management of funds
• Certain activities in connection with real property other than in connection with construction (see note)

Note: Although, in this schedule, banking, investment, life insurance business, general insurance business and activities in connection with real property are referred to as not being eligible activities, under subsection 496(2) the exemptions provided for by Divisions 4, 5, 6 and 7 of Part XI are not affected.