S.L. 234.19 Art. 7Net tonnage.

The net tonnage (NT) of a ship shall be determined by the following formula:

( 4d ) 2 ( N ) NT = K V + K N + 2 2 c 3 1 3D 10

where: V = total volume of cargo spaces in cubic metres c K = 0.2 + 0.02 log V or as specified in the Second 2 10 c Schedule

GT + 10,000 K = 1.25 3 10,000

where GT = gross tonnage calculated in accordance with regulation 6 D = moulded depth amidships in metres d = moulded draught amidships in metres N = number of passengers in cabins with not more than 8 1 berths; and N = number of other passengers: 2 Provided that:

(a) the factor

( 4d ) 2 3D

shall not be taken as greater than unity;

(b) the term ( 4d ) 2 K V 2 c 3D shall not be taken less than 0.25 GT;

(c) N and N shall be taken as zero when N + N is less 1 2 1 2 than 13; and

(d) NT shall not be taken as less than 0.30 GT.