SCHEDULES

SCHEDULE 22 U.K. Tonnage tax

Part III U.K. Qualifying companies and groups

[F1 Flagging: rule on subsequent re-flagging of qualifying dredger or tug U.K.

Textual Amendments

F1 Sch. 22 paras. 22D-22E and cross-headings inserted (1.7.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 9, 18(1) (with Sch. 7 paras. 19-21)

22E (1) This paragraph applies if— U.K.

(a) a qualifying ship operated by a company ceases to be registered in any [F2 relevant register], 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.]

Textual Amendments

F2 Words in Sch. 22 para. 22E(1)(a) substituted (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2020 (S.I. 2020/332), regs. 1, 2(5)