TTM17101 - Schedule 22 Finance Act 2000: Part III qualifying companies and groups - Para 19 qualifying ships

FA00/SCH22/PARA19

(1) For the purposes of this Schedule a “qualifying ship” means, subject to sub-paragraph (2), a seagoing ship of 100 tons or more gross tonnage used for—

(a) the carriage by sea* of passengers,

(b) the carriage by sea* of cargo,

(c) towage, salvage or other marine assistance carried out at sea*, or

(d) transport by sea* in connection with other services of a kind necessarily provided at sea.

(2) A vessel is not a qualifying ship for the purposes of this Schedule if the main purpose for which it is used is the provision of goods or services of a kind normally provided on land.

(3) Sub-paragraph (1) is also subject to—

(a) paragraph 20 (vessels excluded from being qualifying ships);

(b) paragraph 20A (qualifying dredgers and tugs)*;

(c) paragraphs 22A to 22F (flagging)*.

(4) For the purposes of this paragraph a ship is a seagoing ship if it is certificated for navigation at sea by the competent authority of any country or territory.

(5)* For the purposes of sub-paragraph (1) “sea” does not include—

(a) a port or harbour;

(b) an estuary, a tidal or other river or an inland waterway

References

Amendments made by FA2005 Sch 7 Para 4	TTM20004
Qualifying ship	TTM03500