C2C1F1PART 15EMuseums and galleries exhibition tax relief
Pt. 15E modified by 2010 c. 4, s. 357UR(3) (as inserted (with effect in accordance with Sch. 6 para. 20 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 6 para. 17)
Pt. 15E modified (temp.) (with application in accordance with s. 21(1)(4) of the amending Act) by Finance Act 2022 (c. 3), s. 21(1)(4)
CHAPTER 1Introduction
Interpretation
1218ZADSecondary production company
1
If an exhibition is held at two or more venues, there may be one or more secondary production companies for the exhibition.
2
In this Part a company is the secondary production company for an exhibition at a venue if the company meets conditions C and D.
3
Condition C is that the company (acting otherwise than in partnership) is responsible for the production of the exhibition at the venue.
4
Condition D is that the company is not the primary production company.
5
If more than one company meets conditions C and D in relation to the production of the exhibition at the venue, the company that is most directly responsible for the production of the exhibition at the venue is the secondary production company for the exhibition at the venue.
6
If no company meets conditions C and D in relation to the production of the exhibition at the venue, there is no secondary production company for the exhibition at the venue.
Pt. 15E inserted (for specified purposes and with effect in accordance with Sch. 6 paras. 20, 21(1)(a) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 6 para. 1 (with Sch. 6 para. 21(3))