Registration of Farm Partnerships Regulations 2015.
Statutory Instruments
Source: Statutory Instruments

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paragraphs: These Regulations may be cited as the Registration of Farm Partnerships Regulations 2015.
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paragraphs: (1) In these Regulations—
(2) A word or phrase that is used in Part 23 of the Act and is also used in these Regulations has in these Regulations the same meaning as in the said Part of the Act.
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paragraphs: (1) The Minister shall establish and maintain a register of Registered Farm Partnerships.
(2) The Minister may publish the register of Registered Farm Partnerships in a manner the Minister considers appropriate.
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paragraphs: The Minister shall grant registration to farm partnerships that satisfy the following conditions—
(a) the partnership is engaged in the trade of farming;
(b) subject to Regulation 5, the partnership consists of at least 2 persons but not more than 10 persons,
(c) at least one partner satisfies the requirement of Regulation 6(1) and any other partner satisfies the requirements of Regulation 6(1) or (2),
(d) the partnership has a written partnership agreement including details of the partners, their shares in the partnership, land farmed by the partnership and matters relating to the operation of the partnership,
(e) the partnership operates in accordance with the Partnership Act 1890 ,
(f) the partnership commits to a period for operation of the partnership agreement of not less than 5 years,
(g) unless otherwise approved by the Minister in writing, no partner is in occupation of farm land outside the farm partnership at any time during the period of registration,
(h) unless otherwise approved by the Minister in writing, all payments to the partners arising from the trade of farming shall be paid to the farm partnership,
(i) the partnership agrees to co-operate with inspections and provide such information as the Minister may reasonably require at any time during the period of registration to ensure compliance with registration,
(j) farm land of partners in occupation of such land shall not be more than 50 kilometres from the farm land of another partner, and
(k) the partnership agrees to notify the Minister within 21 days of any material change to the farm partnership or its activities.
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paragraphs: (1) The Minister shall not register a farm partnership if a partner—
(a) is a director of a company that is a partner in the farm partnership, or
(b) has a shareholding in another partner in the farm partnership.
(2) Where a proposed partner in a farm partnership is a co-owner of land (other than commonage) and the other co-owner does not wish to be a partner, the proposed partner shall inform the Minister and provide details of the land in question and where the Minister is satisfied that such land should be excluded from the partnership, the Minister shall issue an exemption in writing.
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paragraphs: (1) At least one partner in the farm partnership shall be a person who has been engaged in the trade of farming on land owned or leased by that person consisting of at least 3 hectares of useable farm land for at least 2 years immediately preceding the date of formation of the partnership.
(2) Where only one partner in the farm partnership satisfies the requirement of paragraph (1), at least one other partner shall be a natural person and that person shall–