48 Carrying on an imported goods fulfilment business
In the heading, the words “an imported goods” substituted for the words “a third country goods” by TCTA 2018, s. 43 and Sch. 8, para. 123(5), with effect from “IP completion day” (31 December 2020, as defined by EUWAA 2020, s. 39(1)) (SI 2020/1642, reg. 4 subject to the provisions of reg. 5–8).
48(1) For the purposes of this Part a person carries on an imported goods fulfilment business if the person, by way of business–
(a)stores imported goods which are owned by a person who is not UK-established, or
(b)stores imported goods on behalf of a person who is not UK-established,