Finance Act 2005

Yn ddilys o 07/04/2005

24(1)Section 43 of F(No.2)A 1992 (interpretation of provisions relating to films) is amended as follows.U.K.

(2)In subsection (1)—

(a)insert the following definitions at the appropriate place—

  • film” is to be construed in accordance with paragraph 1 of Schedule 1 to the Films Act 1985;

original master version”, in relation to a film, means the original master negative, tape or disc (but see subsections (2) and (2A));,

(b)omit the following definitions—

“master disc”

“master negative”

“master tape”, and

(c)in the definition of “qualifying disc”, “qualifying film” and “qualifying tape” for “a master” substitute “ the original master ”.

(3)For subsection (2) substitute—

(2)In sections 40A to 42 and this section, references to the original master version of a film include the original master version of the film soundtrack (if any).

(2A)In those provisions, references to the original master version also include any rights in the original master version that are held or acquired with it.