F1PART 15ATelevision production
CHAPTER 3Television tax relief
UK expenditure
1216CEUK expenditure
(1)
At least F210% of the core expenditure on the relevant programme incurred—
(a)
in the case of a British programme that is not a qualifying co-production, by the company, and
(b)
in the case of a qualifying co-production, by the co-producers,
must be UK expenditure.
(2)
The Treasury may by regulations amend the percentage specified in subsection (1).