Section 155 | Change in the persons carrying on the qualifying activity

(1)This section applies if—

(a)a person is carrying on the qualifying activity previously carried on by the shipowner, and

(b)the only changes in the persons carrying on the qualifying activity since the shipowner carried it on are changes—^F1

(i)which do not involve all of the persons carrying it on before the changes permanently ceasing to carry it on, or^F1

(ii)in respect of which the qualifying activity is treated as continuing under section 948 of CTA 2010.^F1F2

(2)For the purposes of the deferment rules—

(a)expenditure incurred by a person mentioned in subsection (1)(a) for the purposes of the qualifying activity is to be treated as incurred by the shipowner, and

(b)in relation to the giving of any notice, a reference to the shipowner is to be read as a reference to the person carrying on the qualifying activity when the notice is given or is required to be given.