Finance (1909-10) Act, 1910

Exemption of small holdings from undeveloped land duty.

18. Undeveloped land duty shall not be charged on the site value of any agricultural land, occupied and cultivated by the owner thereof, where the total value of that land, together with any other land belonging to the same owner, does not exceed five hundred pounds.

For the purposes of this provision the expression “owner” includes a person who holds land under a lease which was originally granted for a term of fifty years or more.