This section has no associated Explanatory Notes
32(1)Amend section 53 (farming and other commercial occupation of land (except woodlands)) as follows.U.K.
(2)In subsection (1) after “charged to” insert “ corporation ”.
(3)In subsection (2)—
(a)for “person or partnership or body of persons” substitute “ company or partnership ”, and
(b)after “trade” insert “ for corporation tax purposes ”.
(4)In subsection (3) after “charged to” insert “ corporation ”.