9. For the purposes of regulation 8:—U.K.
(a)one or more persons shall be treated as owning a majority interest in a ship if there is vested in that person or in those persons, taken together, the legal title to 33 or more shares in the ship (there being left out of account for this purpose any share in which any beneficial interest is owned by a person who is not entitled to be an owner of a British ship); and
(b)a body coporate shall be treated as resident in the United Kingdom if F1... it has a place of business in the United Kingdom.
Textual Amendments
F1Words in reg. 9(b) omitted (29.3.2019) by virtue of The Merchant Shipping (Registration of Ships) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/509), regs. 1(2), 7
Commencement Information