# Finance Act 2000, Paragraph 109


A period during which an asset is used for the purposes of offshore activities is treated for the purposes of paragraph 65 (chargeable gains on disposal of tonnage tax asset) as if it were a period during which the asset was not a tonnage tax asset.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/109 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-109
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.