I move:
That, in accordance with the provisions of the Act giving effect to this Resolution:
(a) section 18 (2) (a) of the Finance Act, 1969, shall be repealed;
(b) profits or gains from farming shall, in the cases specified in the Act giving effect to this Resolution, be charged to income tax under Case I of Schedule D;
(c) relief from tax in respect of certain losses from farming shall be restricted in the manner prescribed by the Act giving effect to this Resolution; and
(d) the personal reliefs, within the meaning of section 193 of the Income Tax Act, 1967, (No. 6 of 1967), which may be claimed by an individual who is carrying on farming, and who is chargeable to tax in respect of other income, may be reduced to the extent specified in the Act giving effect to this Resolution.