SCHEDULES

SCHEDULE 22 Tonnage tax

Part III Qualifying companies and groups

F1Flagging: rule on subsequent re-flagging of qualifying dredger or tug

22E

(1)

This paragraph applies if—

(a)

a qualifying ship operated by a company ceases to be registered in any of the Member States' registers, and

(b)

the ship is a qualifying dredger or a tug.

(2)

The ship shall not, at any time on or after the date on which it ceases to be so registered, be regarded as—

(a)

a qualifying ship operated by the company, or

(b)

if immediately before that date the company is a member of a group, a qualifying ship operated by any company that is or becomes a member of the group.