10Commercial occupation of land other than woodlandsU.K.
This section has no associated Explanatory Notes
(1)The commercial occupation of land in the United Kingdom is treated for income tax purposes as the carrying on of a trade or part of a trade.
(2)For this purpose the occupation of land is commercial if the land is managed—
(a)on a commercial basis, and
(b)with a view to the realisation of profits.
(3)This section does not apply—
(a)to farming or market gardening (which is dealt with by section 9),
(b)if the land is being prepared for forestry purposes, or
(c)if the land comprises woodlands (which is dealt with by section 11).