Part 2 Plant and machinery allowances
Chapter 12 Ships
Qualifying ships
153 Ships which are not qualifying ships
(1)
A ship is not a qualifying ship if the primary use to which ships of the same kind as that ship are put—
(a)
by the persons who own them, or
(b)
by others to whom they are made available,
is use for sport or recreation.
F1(2)
A ship is not a qualifying ship at any time when it is an offshore installation.
F2(3)
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