59A. Deduction for hobby farming
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(1) Subject to this section, a resident individual who qualifies, shall be entitled irrespective of the nature of his or her income, to a hobby farming deduction as specified in Schedule 9 for an income year.
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(2) A resident individual shall —
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(a) provide satisfactory evidence to the Minister responsible for agriculture to prove that he or she is engaged in hobby farming; and
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(b) obtain a certificate of registration from the Minister responsible for agriculture under the hobby farmers tax relief incentive programme.
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(3) A hobby farming deduction shall —
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(a) be up to a maximum of $5000 per household, based on the conditions set by the Minister responsible for agriculture;
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(b) be allowed to one claimant per household; and
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(c) be allowed for an income year, commencing on the 1st day of January, 2013.
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(4) For the purposes of this section —
“hobby farming” means small-scale or part-time farming on land comprising less than one acre, undertaken by a property owner or a person who is not the property owner but has obtained the permission of a property owner by an agreement or lease, who resides on that property and engages in the cultivation of agricultural produce, including floriculture, aquaculture and the rearing of livestock; and
“household” means a house and its occupants regarded as a unit.
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(Inserted by Act 3 of 2014)