C1Part 15Film production
Annotations:
Modifications etc. (not altering text)
Chapter 4Film losses
1209Restriction on use of losses while film in production
1
This section applies if in a pre-completion period a loss is made in the separate film trade.
2
The loss is not available for loss relief except to the extent that it may be carried forward under F1section 45 of CTA 2010 to be set against profits of the separate film trade in a subsequent period.
Pt. 15 applied (with modifications) by S.I. 2007/1050, regs. 3-12 (as amended (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 2 para. 131 (with Sch. 2 Pts. 1, 2))