Division K FINANCIAL AND INSURANCE SERVICES
Subdivision 62 FINANCE
Group 623 NON-DEPOSITORY FINANCING
Class 6230 Non-Depository Financing
| This class consists of units mainly engaged in non-depository finance. Non-deposit financiers do not incur deposit liabilities and are mainly engaged in providing credit or lending money, or in leasing machinery, plant or equipment purely on a financial service basis (i.e. without physically handling the goods). Units of co-operative housing societies (except co-operative housing society management services on a commission or fee basis) are included. |
| Primary activities |
- Co-operative housing society operation (except co-operative housing society management services on a commission or fee basis)
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- Credit card issuing operation
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- Non-depository home lending operation
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- Non-depository money lending operation
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| Exclusions/References |
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- deposit-taking financial operations are included in Group 622 Depository Financial Intermediation; and
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- providing financial asset investment consultancy services, or in managing the operations of co-operative housing societies on a commission or fee basis, are included in Class 6419 Other Auxiliary Finance and Investment Services.
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