224Farm machinery and commercial vehicles

#### 224 Farm machinery and commercial vehicles 224 Farm machinery and commercial vehicles > > (1) Mortgage duty is not chargeable on so much of an advance to a natural person or a strata corporation for the acquisition of farm machinery or a commercial vehicle as is secured by the mortgage. > > > (2) In this section— > > > > commercial vehicle means— > > > > > (a) a motor vehicle or trailer within the meaning of the [Road Transport Act 2013](/view/html/inforce/current/act-2013-018) constructed or adapted principally for the carriage of goods but does not include a motor vehicle of the kind known as a utility, a station wagon or a panel van, or > > > > > (b) a vehicle without motive power of its own and constructed or adapted principally for the carriage of goods and for being drawn by a motor vehicle within the meaning of that Act. > > > > farm machinery means— > > > > > (a) a harvester, binder, tractor, plough or other agricultural implement, or > > > > > (b) a boat within the meaning of the [Fisheries Management Act 1994](/view/html/inforce/current/act-1994-038) or fishing gear within the meaning of that Act, or > > > > > (c) any other goods of a class commonly used for the purposes of a farming undertaking that are determined by the Chief Commissioner to be farm machinery for the purposes of this section, > > > > where the goods are acquired for the purposes of a farming undertaking. > > > > farming undertaking includes— > > > > > (a) any agricultural, apicultural, dairy farming, horticultural, orcharding, pastoral, poultry keeping, viticultural or other business involving the cultivation of the soil, the gathering of crops or the rearing of livestock, and > > > > > (b) the business of taking fish, crustacea, oysters or any other marine, estuarine or fresh-water animal life, and > > > > > (c) the cutting of timber for sale, and > > > > > (d) any class of business determined by the Chief Commissioner to be a farming undertaking. > > **s 224:** Am 1998 No 26, Sch 2.2 \[1\]; 2013 No 19, Sch 4.19 \[1\].