Yn ddilys o 07/04/2005
2(1)Section 101 of FA 2002 (restriction of relief for successive acquisitions of the same film) shall cease to have effect.U.K.
(2)The repeal made by this paragraph is deemed to have come into force on 2nd December 2004.
(3)But that repeal does not have effect in relation to—
(a)any claim for relief which was made before 2nd December 2004,
(b)any claim for relief which is in respect of expenditure relating to a film which was in production on that date, or
(c)any claim for relief—
(i)which is made on or after that date, and
(ii)in relation to which section 42(3B) of F(No.2)A 1992 (as inserted by paragraph 1) would operate to prevent a deduction being made, but for paragraph 1(9) (transitional provision in respect of pre-announcement expenditure).
(4)For the purposes of sub-paragraph (3) “claim for relief” means a claim for relief under section 42 of F(No.2)A 1992 as modified by section 48 of F(No.2)A 1997.