Finance Act, 1969

Cattle and milk dealers.

19.—(1) In this section “farm land” and “occupation” have the same meanings as in section 18.

(2) The occupation by a dealer in cattle or a dealer in or a seller of milk of farm land which is insufficient for the keep of the cattle brought on to the land shall be treated as the carrying on of a trade and the profits or gains thereof shall be charged under Case 1 of Schedule D.