118. Amendment of Part 10 (reliefs) of Principal Act.
(1) Part 10 of the Principal Act is amended -
(a) in section 89(1) -
(i) by substituting the following for the definition of "agricultural property":
"'agricultural property' means -
(a) agricultural land, pasture and woodland situate in the State and crops, trees and underwood growing on such land and also includes such farm buildings, farm houses and mansion houses (together with the lands occupied with such farm buildings, farm houses and mansion houses) as are of a character appropriate to the property, and farm machinery, livestock and bloodstock on such property, and
(b) a payment entitlement (within the meaning of Council Regulation (EC) No. 1782/2003 of 29 September 2003 [OJ No. L270 of 21.10.2003, p.1]);",
and
(ii) in the definition of "farmer" by deleting "who is domiciled in the State and",
and
(b) by inserting the following Chapter after Chapter 2:
"Chapter 2A Clawback of agricultural relief or business relief: development land
Agricultural and business property: development land.
(1) In this section -