The Tonnage Tax (Training Requirement) (Amendment etc) Regulations, SI 2021/1030, increase the amounts to be used in calculating payments made in lieu of training under the principal Tonnage Tax (Training Requirement) Regulations, SI 2000/2129.
Under the principal Regulations, where a tonnage tax company does not meet its minimum training obligation to train one officer trainee per year for every 15 officer posts, the shortfall is to be made good by making payments in lieu of that training to the Maritime training trust, a body independent of government which holds and allocates the monies received by it for the purpose of promoting the training of seafarers.
The Tonnage Tax (Training Requirement) (Amendment etc) Regulations, SI 2021/1030, increase the amounts to be used in calculating payments made in lieu of training under the principal Tonnage Tax (Training Requirement) Regulations, SI 2000/2129.
Under the principal Regulations, where a tonnage tax company does not meet its minimum training obligation to train one officer trainee per year for every 15 officer posts, the shortfall is to be made good by making payments in lieu of that training to the Maritime training trust, a body independent of government which holds and allocates the monies received by it for the purpose of promoting the training of seafarers.
