Paragraph 5 (First Schedule) – Value to be placed on livestock for purposes of First Schedule

5.

 

(1)     The value to be placed upon livestock for the purposes of this Schedule shall, subject to the provisions of paragraph 4 (1) as respects livestock held and not disposed of at the end of the year of assessment, be the standard value applicable to the livestock.


(2)      ……….


(3)      ……….