TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... on terms which give the charterer possession and control of the ship, including the right to appoint the master and crew; (b) bareboat charter-cum-demise means a bareboat charter where the ownership of the ship is intended to be transferred after a specified period to the company to whom it has been chartered; (c) Director-General of Shipping means the Director-General of Shipping appoi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uted in accordance with the provisions of this Chapter; (k) tonnage tax activities means the activities referred to in sub-sections (2) and (5) of section 115V-I; (l) tonnage tax company means a qualifying company in relation to which tonnage tax option is in force; (m) tonnage tax scheme means a scheme for computation of profits and gains of business of operating qualifying ships u ..... X X X X Extracts X X X X X X X X Extracts X X X X
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