SI 2017/882 - The Tonnage Tax (Training Requirement) (Amendment etc.) Regulations 2017
Released 8 August 2017
SI 2017/882 amends SI 2000/2129 to increase the prescribed amount for payments in lieu of training for periods commencing on or after 1 October 2017.
The Tonnage Tax (Training Requirement) (Amendment etc.) Regulations 2017 further amend the Tonnage Tax (Training Requirement) Regulations 2000 (SI 2000/2129) by increasing the amount of the payments which fall to be made in lieu of training (where the training commitment of a company or group provides for such payments, or where the company or group does not provide training in accordance with the training commitment), which are payable to the Maritime Training Trust, from £1,236 to £1,259 for each month during a relevant four month period commencing on or after 1 October 2017. The regulations come into force on 1 October 2017.