# Finance Act 2024, Paragraph 4: Tonnage tax activities include activities in managing ships

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

In paragraph 46 (core qualifying activities)—
(a) in sub-paragraph (1)—
(i) in paragraph (a), after “operating” insert “or managing”, and
(ii) in paragraph (b), after “operating” insert “or managing”, and
(b) after sub-paragraph (2) insert—
“(3) A company’s activities in managing qualifying ships means its participation in the activities mentioned in that paragraph by virtue of which the ship is a qualifying ship.”

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Source: https://www.legislation.gov.uk/ukpga/2024/3/schedule/8/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2024/schedule-8/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.