20(1)The following kinds of vessel are not qualifying ships for the purposes of this Schedule—U.K.
(a)fishing vessels or factory ships;
(b)pleasure craft;
(c)harbour or river ferries;
(d)offshore installations;
(e)tankers dedicated to a particular oil field;
[F1(f)dredgers other than qualifying dredgers.]
(2)In sub-paragraph (1)(a) “factory ship” means a vessel providing processing services for the fishing industry.
(3)In sub-paragraph (1)(b) “pleasure craft” means a vessel of a kind whose primary use is for the purposes of sport or recreation.
(4)In sub-paragraph (1)(c) “harbour or river ferry” means a vessel used for harbour, estuary or river crossings.
F2(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)For the purposes of sub-paragraph (1)(e) whether a tanker is dedicated to a particular oil field shall be determined in accordance with section 2 of the M1Oil Taxation Act 1983 (dedicated mobile assets).
[F3(7)In this Schedule “qualifying dredger” means a dredger which—
(a)is self-propelled, and
(b)is constructed or adapted for the carriage of cargo;
(but see further paragraph 20A).]
Textual Amendments
F1Sch. 22 para. 20(1)(f) substituted (1.7.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 5(2), 18(1) (with Sch. 7 paras. 19-21)
F2Sch. 22 para. 20(5) repealed (22.7.2004) (with effect in accordance with Sch. 27 para. 7(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 27 para. 7(1), Sch. 42 Pt. 2(19)
F3Sch. 22 para. 20(7) inserted (1.7.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 5(3), 18(1) (with Sch. 7 paras. 19-21)
Marginal Citations