Any Treasury regulations given under the following provisions may (FA 2000, Sch. 22, para. 22C(6)):

make different provision for different cases or circumstances; and

contain such supplementary, incidental, consequential and transitional provisions as appear to the Treasury to be necessary or expedient.

Reference date

In the case of a single company, the ‘reference date’ is the later of (FA 2000, Sch. 22, para. 22B(1)(a)):

(1)17 January 2004; and

(2)the end of the accounting period in which the company became (or becomes) a tonnage tax company.

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