You are here

5.10.7 Valuation of Sugarcane Farm Assets


This section outlines policy concerning the application of the $500,000 assets limit that applies to sugarcane farm assets transferred under RASF. It also covers policy concerning assessment of the value of sugarcane farm assets for the purposes of RASF.

According to subsection 5PAA(1) of the VEA, a sugarcane farm is a farm that is used predominantly for the purposes of a sugarcane farm enterprise .