Paragraph 2

(1)

Paragraph 13 is amended as follows.

(2)

After sub-paragraph (2) insert—

“(2A)
A tonnage tax election ceases to be in force—
(a)
in the case of a company election, if a withdrawal notice in respect of the company takes effect under paragraph 15A;
(b)
in the case of a group election, if a withdrawal notice in respect of the group takes effect under that paragraph.”.