Regulation 2 Application

These Regulations apply for the purpose of calculating the payments in lieu of training for the purposes of the Tonnage Tax (Training Requirement) Regulations 2000^f1 (“the 2000 Regulations”) in respect of a relevant four month period falling after 30th September 2007.

In paragraph (1), “a relevant four month period” means a period of four months commencing on 1st October, 1st February or 1st June in any year.