Paragraph 20

United Kingdom

(1)

The following kinds of vessel are not qualifying ships for the purposes of this Schedule—

(a)

fishing vessels or factory ships;

(b)

pleasure craft;

(c)

harbour or river ferries;

(d)

offshore installations;

(e)

tankers dedicated to a particular oil field;

F1(f)

dredgers other than qualifying dredgers.

(2)

In sub-paragraph (1)(a) “factory ship” means a vessel providing processing services for the fishing industry.

(3)

In sub-paragraph (1)(b) “pleasure craft” means a vessel of a kind whose primary use is for the purposes of sport or recreation.

(4)

In sub-paragraph (1)(c) “harbour or river ferry” means a vessel used for harbour, estuary or river crossings.

F2(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)

For the purposes of sub-paragraph (1)(e) whether a tanker is dedicated to a particular oil field shall be determined in accordance with section 2 of the M1Oil Taxation Act 1983 (dedicated mobile assets).

F3(7)

In this Schedule “qualifying dredger” means a dredger which—

(a)

is self-propelled, and

(b)

is constructed or adapted for the carriage of cargo;

(but see further paragraph 20A).

Annotations

Textual amendments

F1: Sch. 22 para. 20(1)(f) substituted (1.7.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 5(2), 18(1) (with Sch. 7 paras. 19-21)
F2: Sch. 22 para. 20(5) repealed (22.7.2004) (with effect in accordance with Sch. 27 para. 7(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 27 para. 7(1), Sch. 42 Pt. 2(19)
F3: Sch. 22 para. 20(7) inserted (1.7.2005) by Finance Act 2005 (c. 7), Sch. 7 paras. 5(3), 18(1) (with Sch. 7 paras. 19-21)

Marginal citations

M1: 1983 c. 56.