{
  "url": "https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-13",
  "json_url": "https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-13.json",
  "legislation": "ukpga/2000/17",
  "legislation_title": "Finance Act 2000",
  "legislation_url": "https://openlegislation.uk/finance-act-2000",
  "path": "schedule/22/paragraph/13",
  "kind": "paragraph",
  "number": "13",
  "heading": null,
  "text": "(1) The general rule is that a tonnage tax election remains in force until it expires at the end of the period of the relevant number of years beginning—\n(a) in the case of a company election, with the first day on which the election has effect in relation to the company;\n(b) in the case of a group election, with the first day on which the election has effect in relation to any member of the group.\n...\n(1A) “The relevant number of years” means—\n(a) in relation to a tonnage tax election made before 1 April 2022, ten years;\n(b) in relation to a tonnage tax election made on or after 1 April 2022, eight years.\n(1B) Sub-paragraph (1) is subject to the following exceptions.\n(2) A tonnage tax election ceases to be in force—\n(a) in the case of a company election, if the company ceases to be a qualifying company;\n(b) in the case of a group election, if the group ceases to be a qualifying group.\n(2A) A tonnage tax election ceases to be in force—\n(a) in the case of a company election, if a withdrawal notice in respect of the company takes effect under paragraph 15A;\n(b) in the case of a group election, if a withdrawal notice in respect of the group takes effect under that paragraph.\n(3) A tonnage tax election may also cease to be in force under—\n(a) the provisions of Part V of this Schedule, or\n(b) the provisions of Part XII of this Schedule relating to mergers and demergers.\n(4) This paragraph has effect subject to paragraph 15(4) (election superseded by renewal election).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 22 para. 13(1) substituted (1.4.2022) by Finance Act 2022 (c. 3), s. 25(3)(a)(11)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 22 para. 13(1) omitted (1.4.2022) by virtue of Finance Act 2022 (c. 3), s. 25(3)(b)(11)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 22 para. 13(1A)(1B) inserted (1.4.2022) by Finance Act 2022 (c. 3), s. 25(3)(c)(11)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 22 para. 13(2A) inserted (7.4.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 2(2), 18(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/13",
    "retrieved_at": "2026-10-29T09:21:00.128981+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}