TTM17781 - Schedule 22 Finance Act 2000: Part XIV leaving Tonnage Tax - Para 141 second or subsequent application of this Part

FA00/SCH22/PARA141

Where this Part of this Schedule applies on a second or subsequent occasion on which a company ceases to be a tonnage tax company (whether or not this Part applied on any of the previous occasions)-

(a) the references to the company ceasing to be a tonnage tax company shall be read as references to the last occasion on which it did so, and

(b) the references to the period during which the company was a tonnage tax company do not include any period before its most recent entry into tonnage tax.

References

Company leaves Tonnage Tax more than once	TTM14230