SCHEDULES
SCHEDULE 22 Tonnage tax
Part III Qualifying companies and groups
Vessels excluded from being qualifying ships
20
1
The following kinds of vessel are not qualifying ships for the purposes of this Schedule—
a
fishing vessels or factory ships;
b
pleasure craft;
c
harbour or river ferries;
d
offshore installations;
e
tankers dedicated to a particular oil field;
F2f
dredgers other than qualifying dredgers.
2
In sub-paragraph (1)(a) “factory ship” means a vessel providing processing services for the fishing industry.
3
In sub-paragraph (1)(b) “pleasure craft” means a vessel of a kind whose primary use is for the purposes of sport or recreation.
4
In sub-paragraph (1)(c) “harbour or river ferry” means a vessel used for harbour, estuary or river crossings.
F15
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6
For the purposes of sub-paragraph (1)(e) whether a tanker is dedicated to a particular oil field shall be determined in accordance with section 2 of the M1Oil Taxation Act 1983 (dedicated mobile assets).
F37
In this Schedule “qualifying dredger” means a dredger which—
a
is self-propelled, and
b
is constructed or adapted for the carriage of cargo;
(but see further paragraph 20A).