Section 115VZA:
Effect of temporarily ceasing to operate qualifying ships.
(1) A temporary cessation (as
against permanent cessation) of operating any qualifying ship by a company shall not be considered as a
cessation of operating of such qualifying ship and the company shall be deemed to be operating such
qualifying ship for the purposes of this Chapter.
(2) Where a qualifying company continues to operate a ship, which temporarily ceases to be a
qualifying ship, such ship shall not be considered as a qualifying ship for the purposes of this Chapter.