I move:
(1) That where, for a year of assessment (in this Resolution referred to as "the first year of assessment") an individual who is carrying on the trade of farming—
(a) is chargeable to tax for that year, on his profits or gains from farming, by reference to the provisions of section 21 of the Finance Act, 1974, by virtue of an election by him under subsection (1) of section 20 of that Act, made in respect of—
(i) the year of assessment immediately preceding the first year of assessment, or
(ii) the year of assessment immediately preceding the year firstly referred to in clause (i) of this subparagraph, and
(b) elects, in the manner specified in the Act giving effect to this Resolution, to be charged to tax for the first year of assessment in accordance with the provisions of section 58 of the Income Tax Act, 1967,
the individual shall be charged to tax in accordance with the provisions of the said section 58 for the first year of assessment and for each of the following two years of assessment.
(2) That, in any case where an individual is charged to tax as provided for in paragraph (1), such assessments shall be made on the individual for the year of assessment immediately preceding the first year of assessment or, in a case in which subparagraph (a) (ii) of paragraph (1) of this Resolution applies, for the two years of assessment immediately preceding the first year of assessment, as will ensure that the tax ultimately borne by the individual for that year or those years of assessment shall not be less than the amount of tax which would have been borne by him if, for that year or those years, he had been charged to tax in accordance with the provisions of section 58 of the Income Tax Act, 1967.