1198UK expenditureU.K.
This section has no associated Explanatory Notes
(1)At least 25% of the core expenditure on the film incurred—
(a)in the case of a British film other than 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).