Schedule 22 Finance Act 2000: Part XI offshore activities - Para 106 treatment of periods of inactivity
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.
|Treatment of periods of inactivity||TTM11150|