Clause 9

by deleting the words “31 March 2020” in subsection (1)(r), (ra) and (rb) and substituting in each case the words “31 March 2022”;

by inserting, immediately after subsection (1), the following subsection:“(1A) To avoid doubt, the reference to a charter of a ship in subsection (1)(oa) excludes a finance lease of the ship.”; and

by inserting, immediately after the definition of “deposit” in subsection (16), the following definition:“ “finance lease”, in relation to a ship, means a lease of the ship (including any arrangement or agreement made in connection with the lease) that has the effect of transferring substantially the obsolescence, risks or rewards incidental to ownership of the ship to the lessee;”.