2019 No. 398
The Tonnage Tax (Prescribed and Specified Matters) Regulations 2019
Made
Laid before the House of Commons
Coming into force
The Treasury make these Regulations in exercise of the powers conferred by paragraph 22C(1)(a), (2)(a) and (7) of Schedule 22 to the Finance Act 20001.
Citation, commencement and interpretation1
1
These Regulations may be cited as the Tonnage Tax (Prescribed and Specified Matters) Regulations 2019 and come into force on 22nd March 2019.
2
In these Regulations “the Schedule” means Schedule 22 to the Finance Act 2000.
Prescribed three year period2
For the purposes of paragraph 22C(1)(a) of the Schedule, the prescribed three year period is the period beginning on 2nd October 2015 and ending on 1st October 2018.
Percentage of the tonnage tax fleet which is Community-flagged3
For the purposes of paragraph 22C(1)(a) of the Schedule, “the percentage of the tonnage tax fleet which is Community-flagged” means the percentage determined under paragraph 22B(3) of the Schedule for all companies to which the Schedule applies.
Revocation4
The Tonnage Tax (Prescribed and Specified Matters) Regulations 20182 are revoked.
(This note is not part of the Regulations)