Regulation 16

the factor shall not be taken as greater than unity;

the term K2Vc shall not be taken as less than 0.25 GT; and

NT shall not be taken as less than 0.30 GT, and in which:Vc =total volume of cargo spaces in cubic metres,K2 =0.2 + 0.02 log10Vc (or as specified in the Third Schedule),K3 =D =moulded depth amidships in metres as defined in regulation 12(2),d =moulded draught amidships in metres as defined in paragraph (2),N1 =number of passengers in cabins with not more than 8 berths,N2 =number of other passengers,N1 + N2 =total number of passengers the ship is permitted to carry as indicated in the ship’s passenger certificate; when N1 + N2 is less than 13, N1 and N2 shall be taken as zero,GT =gross tonnage of the ship as determined in accordance with regulation 15.

for ships to which the International Convention on Load Lines in force applies, the draught corresponding to the Summer Load Line (other than timber load lines) assigned in accordance with that Convention;

for passenger ships, the draught corresponding to the deepest subdivision load line assigned in accordance with the International Convention for the Safety of Life at Sea in force or any regulations made under the Act;

for ships to which the International Convention on Load Lines does not apply but which have been assigned a load line in compliance with any regulations made under the Act, the draught corresponding to the summer load line so assigned;

for ships to which no load line has been assigned but the draught of which is restricted, the maximum permitted draught;

for other ships, 75% of the moulded depth amidships as defined in regulation 12(2).