Corporation Tax Act 2009

152Interpretation of sections 150 and 151U.K.
This adran has no associated Nodiadau Esboniadol

(1)For the purposes of sections 150 and 151—

(a)sound recording” does not include a film soundtrack,

(b)original master version” means the master tape or master audio disc of the recording,

(c)references to the original master version of a sound recording include any rights in the original master version that are held or acquired with it, and

(d)relevant period” means—

(i)a period for which accounts of the trade are made up, or

(ii)if no accounts of the trade are made up for a period, an accounting period of the company.

(2)In subsection (1)(a) “film” is to be read in accordance with section 1181.