TTM17606 - Schedule 22 Finance Act 2000: Part XI offshore activities - Para 106 treatment of periods of inactivity

FA00/SCH22/PARA106

A period between contracts when a qualifying ship is not working shall not be taken to be a period during which the ship is engaged in offshore activities unless-

(a) the period of inactivity is specifically related to a forthcoming offshore activity, and

(b) it is impractical for the vessel to undertake other work in the meantime.

References

Treatment of periods of inactivity	TTM11150