# Capital Allowances Act 2001, Section 151: Basic meaning of qualifying ship


(1) For the purposes of the deferment rules, a ship is a qualifying ship if it is—
(a) of a sea-going kind, and
(b) registered as a ship with a gross tonnage of 100 tons or more in a register of shipping established and maintained under the law of any country or territory.
(2) This is subject to sections 152 to 154.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/151 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-151
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.