Schedule 22 Finance Act 2000: Part III qualifying companies and groups - Para 16 qualifying companies and groups
(1) For the purposes of this Schedule a company is a “qualifying company” if-
(a) it is within the charge to corporation tax,
(b) it operates qualifying ships, and
(c) those ships are strategically and commercially managed in the United Kingdom.
(2) A “qualifying group” means a group of which one or more members are qualifying companies.