67ARequirements for non-trustee natural person

67A Requirements for non-trustee natural person For the purposes of section 67(1)(b)(i), the requirements for an owner who is a natural person (not acting in the capacity as trustee of a trust to which the land is subject) are that— (a) the owner— (i) carries on the business of primary production referred to in section 67(1)(a)(iii); and (ii) either— (A) is normally engaged in a substantially full-time capacity in that business; or (B) is not normally engaged in a substantially full-time capacity in that business, but has a relative who is normally so engaged; or (b) a relative of the owner— (i) carries on the business of primary production referred to in section 67(1)(a)(iii); and (ii) either— (A) is normally engaged in a substantially full-time capacity in that business; or (B) is not normally engaged in a substantially full-time capacity in that business, but the owner is normally so engaged. S. 67B inserted by No. 46/2019 s. 25.