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Constitutionally covered business

Constitutionally covered business

Definition

A constitutionally covered business is a proprietary limited company, a foreign corporation, a trading or financial corporation formed within the limits of the Commonwealth, the Commonwealth, the Commonwealth authority, a body corporate incorporated in a territory, a business or organisation conducted principally in a territory or Commonwealth place. It does not include sole traders, partnerships, some state government employees, corporations whose main activity is not trading or financial.