Statutory Instruments
2001 No. 3999
TAXES
TONNAGE TAX
The Tonnage Tax (Training Requirement) (Amendment) Regulations 2001
Made
14th December 2001
Laid before Parliament
18th December 2001
Coming into force
1st February 2002
The Secretary of State for Transport, Local Government and the Regions, in exercise of the powers conferred by paragraphs 29, 31 and 36 of Schedule 22 to the Finance Act 2000( 1 ) and of all other powers enabling him in that behalf, hereby makes the following Regulations—
Citation and commencement
1. These Regulations may be cited as the Tonnage Tax (Training Requirement) (Amendment) Regulations 2001 and shall come into force on 1st February 2002.
Interpretation
2. In these Regulations “relevant four month period” means a period of four months commencing 1st October, 1st February or 1st June.
Payments in lieu of training
3. —(1) The Tonnage Tax (Training Requirement) Regulations 2000( 2 ) shall be amended as follows.
(2) In regulation 15(1)(b), for “£550” there shall be substituted “£562”.
(3) In regulation 21(4), for “£500” there shall be substituted “£512”.
4. These Regulations apply for the purpose of calculating the payments in lieu of training in respect of a relevant four month period falling on or after 1st February 2002.
Signed by authority of the Secretary of State
David Jamieson
Parliamentary Under-Secretary of State
Department for Transport, Local Government and the Regions
14th December 2001
S.I. 2000/2129 .