Registry Detail

Details

ID:
202
Type:
Ruling
Last updated:
01/01/1999 00:00:00
Description:
Change of ISIC Explanatory note 6719

Request

Change explanatory note

Discussion

This distinguishes activities of financial intermediation related to sale of stocks etc. from activities related to the brockerage (purchase and sale) of businesses and patents.

Decision

Add to Exclusions "Business brockerage activities (i.e. arranging for the purchase and sale of small and medium-sized businesses, including professional practices) and patent brokerage activities (arranging for the purchase and sale of patents) are classified in 7499 (Other business activities n.e.c.)". Reason: This distinguishes activities of financial intermediation related to sale of stocks etc. from activities related to the brockerage (purchase and sale) of businesses and patents.