7Farming operation

7 Farming operation

(1)  A farming operation is a business undertaking that primarily involves one or more of the following activities:

(a) agriculture (for example, crop growing and livestock or grain farming);

(b) aquaculture;

(c) the cultivation or harvesting of timber or native vegetation;

(d) any activity involving primary production carried out in connection with an activity referred to in paragraph (a) , (b) or (c) .

(2)  A farming operation does not include a business undertaking that primarily involves wild harvest fishing or the hunting or trapping of animals, birds or reptiles in the wild.

(3)  The regulations may prescribe that any business undertaking of a specified kind is, or is not, a farming operation for the purposes of this Act.