2019 No. 658
Corporation Tax
Tonnage Tax
The Tonnage Tax (Exception of Financial Year 2019) Order 2019
Made 25th March 2019

The Treasury are satisfied that the percentage of the tonnage tax fleet which is Community-flagged has not decreased on average over the three year period prescribed by regulation 2 of the Tonnage Tax (Prescribed and Specified Matters) Regulations 2019.
S.I. 2019/398; regulation 2 of those Regulations prescribes the three year period and regulation 3 specifies the meaning of “the percentage of the tonnage tax fleet which is Community-flagged” for the purposes of paragraph 22C(1)(a) of Schedule 22 to the Finance Act 2000 (c. 17).
The Treasury make this Order in exercise of the powers conferred by paragraphs 22B(2) and 22C(1) of Schedule 22 to the Finance Act 2000.
2000 c. 17; paragraphs 22A to 22C were inserted by paragraph 8 of Schedule 7 to the Finance Act 2005 (c. 7).