Schedule 22 Finance Act 2000: Part XI offshore activities - Para 104 meaning of ‘offshore activities’
(1) In this Part of this Schedule “offshore activities” means activities in connection with the exploration or exploitation of so much of the seabed or subsoil or their natural resources as is situated in the UK sector of the continental shelf.
(1A)* But none of the following activities is to be regarded as an offshore activity-
(a) offshore supply services;
(b) towage, salvage or other marine assistance;
(c) anchor handling;
(d) carriage of liquids or gases;
(e) safety or rescue services;
(f) the carriage of cargo in connection with dredging.
(1B) The Treasury may make provision by order amending sub-paragraph (1A) by-
(a) adding, or
any description of activity.
(2) The “UK sector of the continental shelf” means-
(a) any area designated by Order in Council under section 1(7) of the Continental Shelf Act 1964, and
(b) any waters within the seaward limits of the territorial sea of the United Kingdom.
|Meaning of ‘offshore activities’||TTM11010|
- Amendments under FA2005 Sch 7 para 15 TTM20015