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5(1)In this Part of this Schedule “ship ” means a floating or submersible vessel with an integral hull and, except in the case of a warship, of over 100 gross tons, but does not include a hovercraft or a mobile offshore installation; and for the purposes of this Part of this Schedule—
(a)the gross tonnage of a ship shall be determined in the same manner as for registration under the [1894 c. 60.] Merchant Shipping Act 1894 (whether or not the ship is in fact so registered); and
(b)the standard displacement tonnage of a warship means that tonnage as determined in accordance with the Treaty for the Limitation of Naval Armament signed in London on 25th March 1936.
(2)In sub-paragraph (1) above “mobile offshore installation” has the same meaning as in Part III of the [1972 c. 63.] Industry Act 1972, namely, any installation which is intended for underwater exploitation of mineral resources or exploration with a view to such exploitation and can move by water from place to place without major dismantling or modification, whether or not it has its own motive power.
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