# Finance Act 2000, Paragraph 51

Extent: E+W+S+N.I.

(1) Income from investments is not relevant shipping income.
(2) To the extent that an activity gives rise to income from investments it is not regarded as part of a company’s tonnage tax activities.
(3) For the purposes of this paragraph “income from investments” includes anything chargeable to tax under—
(a) Part 4 of the Corporation Tax Act 2009 (property income),
(b) section 299 of that Act (loan relationships: non-trading profits),
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d) Chapter 7 of Part 10 of that Act (annual payments not otherwise charged) , or
(e) regulation 15 of the Unauthorised Unit Trusts (Tax) Regulations 2013.
(5) Sub-paragraph (1) above does not affect income that is relevant shipping income under—
paragraph 49 (distributions of overseas shipping companies), or
paragraph 50 (certain interest etc.).

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/51 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.