1001 Meaning of “offshore installation”
Income Tax Act 2007 (2007 c 3) | Legislation

1001  Meaning of “offshore installation”

(1)     In the Income Tax Acts “offshore installation” means a structure which is, is to be, or has been, put to a relevant use while in water (see subsections (3) and (4)).

(2)     But a structure is not an offshore installation if—

(a)     it has permanently ceased to be put to a relevant use,

(b)     it is not, and

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