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The Internal Drainage Boards (Finance) Regulations 1990
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- UK Statutory Instruments
- 1990 No. 72
- SCHEDULE
- Paragraph 5
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5. In paragraph 2 above, in relation to the holding–
(a)“productive capacity” means the productive capacity of the holding (taking into account fixed equipment and any other available facilities on the holding) on the assumption that it is in the occupation of a competent tenant practising a system of farming suitable to the holding, and
(b)“related earning capacity” means the extent to which, in the light of that productive capacity, a competent tenant practising such a system of farming could reasonably be expected to profit from farming that holding.
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