S.L. 234.43 · Merchant Shipping (Taxation And Other (S.L. 234.43)
S.L. 234.43 Art. 8Qualifying towage and dredging activities.
(1) The provision of ocean towage services may benefit from the provisions of these regulations provided that:
(a) the tug is a Union ship;
(b) more than fifty per cent (50%) of the towage activity effectively carried out by the tug constitutes maritime transport. In this respect, towage activities which are carried out inter alia in ports, or which consist in assisting a self-propelled vessel to reach port do not constitute maritime transport for the purposes of this provision:
Provided further that any waiting time shall be proportionally assimilated to that part of total activity effectively carried out by a tug which constitutes maritime transport.
(2) The provision of dredging services may benefit from the provisions of these regulations provided that:
(a) the ship providing such services is self propelled and is a Union ship;
(b) the ship spends at least fifty per cent (50%) of its yearly operational time in maritime transport which includes time spent for travelling to the dredging site located at sea and for carriage of the dredged goods to the place of discharge; and
(c) sub-regulation 5(1) above shall only apply in respect of income derived from maritime transport services.