TTM05100 - The 75% limit on charters-in: Chartered-in
What is 'chartered-in'?
For the purposes of the 75%̀ưlimit a qualifying ship is 바카라 사이트˜chartered-in바카라 사이트™ if it is chartered to a company:
̀ư
- otherwise than on bareboat charter terms, and
- from a person who is not a qualifying member of the same group.
It follows from this definition that all bareboat charters, and charters between tonnage tax companies in the same group, are ignored when applying the 75%̀ưtest.
For the meaning of 바카라 사이트˜on bareboat charter terms바카라 사이트™, and the other types of charter which are not to be taken into account, see TTM05110.
For further details of the charters that are to be taken into account, see TTM05120.
References
| FA00/SCH22/PARA37 (2) (meaning of 바카라 사이트˜chartered-in바카라 사이트™) | TTM17226 |
| Meaning of 바카라 사이트˜qualifying group바카라 사이트™ | TTM03010 |
| Charters not to be taken into account | TTM05110 |
| Charters to be taken into account | TTM05120 |