Statutory Instruments
2017 No. 882
Tonnage Tax
The Tonnage Tax (Training Requirement) (Amendment etc. ) Regulations 2017
Made
4th September 2017
Laid before the House of Commons
8th September 2017
Coming into force
1st October 2017
The Secretary of State, in exercise of the powers conferred by paragraphs 29, 31 and 36 of Schedule 22 to the Finance Act 2000( 1 ), makes the following Regulations:
Citation and commencement
1. These Regulations may be cited as the Tonnage Tax (Training Requirement) (Amendment etc.) Regulations 2017 and come into force on 1st October 2017.
Application
2. —(1) These Regulations apply for the purposes of calculating the payments in lieu of training for the purposes of the Tonnage Tax (Training Requirement) Regulations 2000( 2 ) in respect of a relevant four month period falling after 30th September 2017.
(2) In paragraph (1), a “relevant four month period” means a period of four months commencing on 1st February, 1st June or 1st October in any year.
Amendment of Regulations
3. —(1)The Tonnage Tax (Training Requirement) Regulations 2000 are amended as follows.
(2) In regulation 15(1)(b) (payments in lieu of training) for “£1,236” substitute “£1,259”.
(3) In regulation 21(4) (higher rate of payment in case of failure to meet training requirement) for “£1,151” substitute “£1,172”.
Revocation
4.The Tonnage Tax (Training Requirement) (Amendment) Regulations 2016( 3 ) are revoked.
Signed by authority of the Secretary of State for Transport
John Hayes
Minister of State
Department for Transport
4th September 2017
S.I. 2000/2129 , amended by S.I. 2015/788 and S.I. 2016/819 ; there are other amending instruments but none is relevant.