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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 18 December 2023 - onwards
Version 8 of 8

81C. Further farm consolidation relief.

(1)

(a) In this section -

'conditions of consolidation' means the conditions of consolidation as set out in guidelines;

'consolidation certificate' means a certificate, issued for the purposes of this section by Teagasc to a farmer in relation to a sale and purchase of qualifying land both of which occur in the relevant period and within 24 months of each other, which identifies the lands concerned, the owners of such lands and certifies that Teagasc is satisfied, on the basis of information available to Teagasc at the time of so certifying, that the sale and purchase of qualifying land complies, or will comply, with the conditions of consolidation set down in guidelines;

'farmer' means a person who spends not less than 50 per cent of the person's normal working time farming;

'farming' includes the occupation of woodlands on a commercial basis;

'guidelines' means guidelines made and published pursuant to paragraph (b)(i);

'interest in qualifying land' means an interest in qualifying land which is not subject to any power (whether or not contained in the instrument) on the exercise of which the qualifying land, or any part of or any interest in the qualifying land, may be revested in the person from whom it was purchased or in any person on behalf of such person;