Calculation of intensive agriculture charge

Current

The intensive agriculture charge referred to in clause 44 (1) is to be calculated for a rural Western lands holding as follows—

where—

S represents the scaling factor for the financial year to which the rent relates.

IA represents the number of hectares in the holding which are, in the opinion of the Minister, being used for or in connection with intensive agriculture, and k₁₀ represents an amount of money per hectare specified by clause 50 for such land.

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47 Calculation of intensive agriculture charge