PART XII SPECIAL CLASSES OF COMPANIES AND BUSINESSES
CHAPTER VI MISCELLANEOUS BUSINESSES AND BODIES
510 Agricultural societies.
1
M1Profits or gains arising to an agricultural society from any exhibition or show held for the purposes of the society shall be exempt from tax if applied solely to the purposes of the society.
2
In this section “agricultural society” means any society or institution established for the purpose of promoting the interests of agriculture, horticulture, livestock breeding or forestry.