Paragraph 4
United Kingdom
A farmer who, having kept a production herd of a particular class, ceases altogether to keep herds of that class for a period of at least five years shall, as respects production herds kept by F1the farmer after the end of that period, be treated as if the farmer had never kept any production herds of that class before the end of that period.
Annotations
Textual amendments
- F1
Words in Sch. 5 para. 4 substituted (6.4.2005 with effect in accordance with s. 883(1) of the amending Act) by Income Tax (Trading and Other Income) Act 2005 (c. 5), Sch. 1 para. 343(5)(a)(b) (with Sch. 2)
Notes on Schedule 5
Textual amendments
- F1
Sch. 5 repealed (1.4.2009 with effect in accordance with s. 1329(1) of the repealing Act) by Corporation Tax Act 2009 (c. 4), Sch. 1 para. 280, Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)