16. Insertion of new section 46A in the principal enactment

The following new section is hereby inserted immediately after section 46 of the principal enactment and shall have effect as section 46A of that enactment:-

46A. Where the taxable income of any person for any year of assessment includes any profits and income within the meaning of paragraph (a) of section 3 (other than any profits and income from the disposal of any capital asset) from poultry farming, such part of such taxable income as consists of such profits and income shall, notwithstanding anything to the contrary in other provisions, be chargeable with income tax at the appropriate rate specified in the Fifth Schedule to this Act.

For the purposes of this section “profits and income from poultry farming” means such profits and income from the sale of produce by such person without subjecting such produce to any process of production or manufacture.”.