Introductory Text1.Citation and commencement2.Interpretation3.The minimum training obligation4.(1) Subject to the provisions of this regulation—5.The Board of directors of a tonnage tax company shall.6.Where a company is a member of a tonnage tax.7.Meaning of “eligible officer trainee”8.The training commitment9.When considering whether to approve a training commitment, the Secretary.10.(1) Where the Secretary of State is minded not to.11.(1) On the application of the company or group concerned,.12.“End of period adjustments”13.Payments in lieu of training14.A company or group shall make payments in lieu of.15.(1) The payments in lieu of training shall be calculated.16.The payments in lieu of training shall be made to.17.If in any case there is a failure in relation.18.(1) A payment in lieu of training that has become.19.Directions to provide information20.Audits21.Higher rate of payment in case of failure to meet training requirement22.Certificate of non-compliance23.(1) A company or group in respect of which a.24.When considering an application to cancel a certificate of non-compliance,.25.Disclosure of informationSignatureExplanatory Note