Held For Commercial Purpose - Definition - Law Dictionary Home Dictionary Definition held-for-commercial-purpose

Definition :

Held for Commercial Purpose, an individual acquiring (or having acquired for his own use subsequently decides to hold) products for a purpose other than his own use, such products are to be regarded as held for commercial purposes, Regina (Hoverspeed Ltd.) v. Customs and Excise Commissioners, (2003) 2 WLR 950 (EWCA)