Part 16Income Tax Acts definitions etc
Chapter 1Definitions
C1996Meaning of “farming” and related expressions
1
In the Income Tax Acts “farming” means the occupation of land wholly or mainly for the purposes of husbandry, but does not include market gardening (see subsection (5)).
2
In subsection (1) “husbandry” includes—
a
hop growing, and
b
the breeding and rearing of horses and the grazing of horses in connection with those activities.
3
For the purposes of the Income Tax Acts the cultivation of short rotation coppice is regarded as husbandry and not as forestry.
4
In the Income Tax Acts “woodlands” does not include land on which short rotation coppice is cultivated.
5
In the Income Tax Acts “market gardening” means the occupation of land as a garden or nursery for the purpose of growing produce for sale.
6
For the purposes of this section “short rotation coppice” means a perennial crop of tree species planted at high density, the stems of which are harvested above ground level at intervals of less than 10 years.
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