- Statutory Instrument 2006 No. 2229
The Tonnage Tax (Training Requirement) (Amendment) Regulations 2006
© Crown Copyright 2006
Statutory Instruments printed from this website are printed under the superintendence and authority of the Controller of HMSO being the Queen's Printer of Acts of Parliament.
The legislation contained on this web site is subject to Crown Copyright protection. It may be reproduced free of charge provided that it is reproduced accurately and that the source and copyright status of the material is made evident to users.
It should be noted that the right to reproduce the text of Statutory Instruments does not extend to the Queen's Printer imprints which should be removed from any copies of the Statutory Instrument which are issued or made available to the public. This includes reproduction of the Statutory Instrument on the Internet and on intranet sites. The Royal Arms may be reproduced only where they are an integral part of the original document.
The text of this Internet version of the Statutory Instrument which is published by the Queen's Printer of Acts of Parliament has been prepared to reflect the text as it was Made. A print version is also available and is published by The Stationery Office Limited as the The Tonnage Tax (Training Requirement) (Amendment) Regulations 2006, ISBN 0110750217. The print version may be purchased by clicking here. Braille copies of this Statutory Instrument can also be purchased at the same price as the print edition by contacting TSO Customer Services on 0870 600 5522 or e-mail: customer.services@tso.co.uk.
Further information about the publication of legislation on this website can be found by referring to the Frequently Asked Questions.
To ensure fast access over slow connections, large documents have been segmented into "chunks". Where you see a "continue" button at the bottom of the page of text, this indicates that there is another chunk of text available.
| Made | 14th August 2006 | ||
| Laid before the House of Commons | 17th August 2006 | ||
| Coming into force | 1st October 2006 |
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) Regulations 2006 and shall come into force on 1st October 2006.
Application
2. —(1) 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[2] ("the 2000 Regulations") in respect of a relevant four month period falling after 30th September 2006.
(2) In paragraph (1), "the relevant four month period" means a period of four months commencing on 1st October, 1st February or 1st June in any year.
Payments in lieu of training
3. —(1) The 2000 Regulations are amended as follows.
(2) In regulation 15(1)(b) (payments in lieu of training), for "£621" substitute "£634".
(3) In regulation 21(4) (higher rate of payment in case of failure to meet training requirement), for "£565" substitute "£577".
Signed by authority of the Secretary of State
S. J. Ladyman
Minister of State Department for Transport
14th August 2006
(This note is not part of the Regulations)
These Regulations further amend the Tonnage Tax (Training Requirement) Regulations 2000 by increasing the amount of the payments which fall to be made in lieu of training. In respect of each eligible officer trainee for whom training is required to be provided under those Regulations, there is to be an increase from £621 to £634 in the amount payable for each month during a relevant four month period commencing on or after 1st October 2006 in which the training commitment of a company or group provides for payment in lieu of training or the company or group does not provide training in accordance with its training commitment. Where a company or group is treated as having failed to meet its training commitment and the higher rate of payment applies, the basic rate to be used in the calculation is increased from £565 to £577.
A Regulatory Impact Assessment has not been prepared for this instrument as it only provides for increases in line with the rate of inflation.
Notes:
[1] 2000 c.17.back
[2] S.I. 2000/2129, amended by S.I. 2001/3999, 2002/2265, 2003/2320, 2004/2255 and 2005/2295.back
ISBN 0 11 075021 7