The Tonnage Tax (Prescribed and Specified Matters) Regulations 2019

• Citation: S.I. 2019/398
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Tonnage Tax (Prescribed and Specified Matters) Regulations 2019 and come into force on 22nd March 2019.

(2) In these Regulations “the Schedule” means Schedule 22 to the Finance Act 2000.

Section 2 Prescribed three year period

For the purposes of paragraph 22C(1)(a) of the Schedule, the prescribed three year period is the period beginning on 2nd October 2015 and ending on 1st October 2018.

Section 3 Percentage of the tonnage tax fleet which is Community-flagged

For the purposes of paragraph 22C(1)(a) of the Schedule, “the percentage of the tonnage tax fleet which is Community-flagged” means the percentage determined under paragraph 22B(3) of the Schedule for all companies to which the Schedule applies.

Section 4 Revocation

The Tonnage Tax (Prescribed and Specified Matters) Regulations 2018 are revoked.