15(1)Section 357CG of CTA 2010 (profits arising from the exploitation of patents etc: adjustments in calculating profits of trade) is amended as follows.U.K.
(2)In subsection (3), omit the “and” at the end of paragraph (c) and after paragraph (d) insert “, and
(e)the amount of any additional deduction for the accounting period obtained by the company under Part 15C of CTA 2009 in respect of qualifying expenditure on a theatrical production.”
(3)In subsection (6)—
(a)in the definition of “qualifying expenditure”, omit the “and” at the end of paragraph (a) and after paragraph (b) insert “, and
(c)in relation to a company that is the production company (as defined in section 1217FC of that Act) in relation to a theatrical production, has the same meaning as in Part 15C of that Act,”;
(b)omit the “and” at the end of the definition of “television production company” and after that definition insert—
““theatrical production” has the same meaning as in Part 15C of CTA 2009 (see section 1217FA of that Act), and”.