Agricultural Holdings (Units of Production) (England) Order 2005 (S.I. No. 2867 of 2005).
Type of law
Regulation
Abstract
This Order prescribes units of production for the assessment of the productive capacity of agricultural land situated in England and sets out the amount which is to be regarded as the net annual income from each such unit. An assessment of the productive capacity of agricultural land is required in determining whether or not the land in question is a commercial unit of agricultural land for the purposes of the succession provisions in the Agricultural Holdings Act 1986: see in particular sections 36(3) and 50(2). A commercial unit of agricultural land is land which, when farmed under competent management, is capable of producing a net annual income which is not less than the aggregate of the average annual earnings of two full time male agricultural workers aged 20 years or over (paragraph 3 of Schedule 6 to the 1986 Act). In determining this annual income figure, whenever a particular farming use mentioned in column 1 of the Schedule to this Order is relevant to the assessment of the productive capacity of the land in question, the units of production and the net annual income specified in columns 2 and 3 respectively will form the basis of that assessment.
Attached files
Web site
Date of text
Entry into force notes
This Order comes into force on 7 November 2005.
Notes
Made under the Agricultural Holdings Act 1986.
Repealed
Yes
Source language
English
Legislation Amendment
No