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Definition

The date on which the status of the activities that an entity engages in, or will engage in, in the course of carrying on its business takes effect. Trading is not limited to buying or selling goods, and trading activities are not necessarily profit-making or profit motivated activities.

Comments

Origin:
Standards Australia 2006. AS 4590—2006 Interchange of client information. Sydney: Standards Australia.

References

Buttersworths 2002. Business and Law Dictionary Second Edition. Australia: Lexis Nexis Butterworths
This content Based on Australian Institute of Health and Welfare material. Attribution provided as required under the AIHW CC-BY licence.

Related content

Relation Count
Data Element Concepts implementing this Property 1