Schedule 22 Finance Act 2000: Part XIV leaving Tonnage Tax - Para 141 second or subsequent application of this Part
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.
|Company leaves Tonnage Tax more than once||TTM14230|