1 Meaning of “farm business tenancy”

Part I General Provisions

Farm business tenancies

1  Meaning of “farm business tenancy”

(1)     A tenancy is a “farm business tenancy” for the purposes of this Act if—

(a)     it meets the business conditions together with either the agriculture condition or the notice conditions, and

(b)     it is not a tenancy which, by virtue of section 2 of this Act, cannot be a farm business tenancy.

(2)     The business conditions are—

(a)     that all or part of the land comprised in the tenancy is farmed for the purposes of a trade or business, and

(b)     that, since the beginning of the tenancy, all or part of the land so comprised

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