Flag

Flagging is not a condition for a qualifying ship for years that are excepted under FA00/SCH22/PARA22B (2) (see TTM03905) but the fact that a vessel may be flagged in the UK will add weight to the indicators for commercial management.

Weighting of elements

The more elements that are carried out in the United Kingdom, the more likely it is that the company will be accepted as satisfying the test. The approach is not a mechanistic one; the weight given to each element will depend on an intelligent appraisal of the facts of each case. Greater weight will be given to higher levels of decision-making and management, as opposed to routine day-to-day management activities.

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