s 313A Meaning of “qualifying foreign ship”.
(1) In this Act “ qualifying foreign ship ” means any ship other than— (a) a British ship, or (b) a ship which is not registered under Part II and which (although not by virtue of section 1(1)(d) a British ship)— (i) is wholly owned by persons falling within subsection (2) below, and (ii) is not registered under the law of a country outside the United Kingdom. (2) The following persons fall within this subsection, namely— (a) British citizens, (b) British Dependent Territories citizens, (c) British Overseas citizens, (d) persons who under the British Nationality Act 1981 are British subjects, (e) British Nationals (Overseas) (within the meaning of that Act), (f) British protected persons (within the meaning of that Act), or (g) bodies corporate incorporated in the United Kingdom or in any relevant British possession and having their principal place of business in the United Kingdom or in any relevant British possession.