{
  "url": "https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-15",
  "json_url": "https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-15.json",
  "legislation": "ukpga/2000/17",
  "legislation_title": "Finance Act 2000",
  "legislation_url": "https://openlegislation.uk/finance-act-2000",
  "path": "schedule/22/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "(1) A further tonnage tax election (a “renewal election”) may be made in respect of a single company or group if—\n(a) at the time it is made, a tonnage tax election is in force in respect of the company or group, or\n(b) it is a bridging renewal election (see paragraph 15ZA).\n(2) This is subject to paragraph 32(5) (training requirement: no renewal election if non-compliance notice in force).\n(3) The provisions of—\nparagraphs 7 to 9 (type of election, method of election and person by whom election to be made), and\nparagraphs 13 and 14 (period for which election is in force and when election ceases to have effect),\napply in relation to a renewal election as they apply in relation to an original tonnage tax election.\n(4) A renewal election supersedes the existing tonnage tax election.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 22 para. 15(1) substituted (1.4.2022) by Finance Act 2022 (c. 3), s. 25(4)(11)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/15",
    "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."
}