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Minimum training requirement for tonnage tax company - Section 115VU

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Full Text of the Document

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....5VU A tonnage tax company, after its option has been approved under section 115VP(3), shall comply with the minimum training requirement in respect of trainee officers in accordance with the guidelin....

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Full Text of the Document

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....for the previous year. Consequences if minimum training requirement is not completed:- If the minimum training requirement is not complied with for any five consecutive previous years, the option of ....

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