Textual Amendments
F1Pt. 15A inserted (17.7.2003 for specified purposes, 19.7.2003 in so far as not already in force, and with effect in accordance with Sch. 16 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 16 paras. 1, 2; S.I. 2013/1817, art. 2(1)
(1)The company is not entitled to special television relief for an interim accounting period unless—
(a)its company tax return for the period states the amount of planned core expenditure on the relevant programme that is UK expenditure, and
(b)that amount is such as to indicate that the condition in section 1216CE (the UK expenditure condition) will be met on completion of the programme.
If those requirements are met, the company is provisionally treated in relation to that period as if that condition was met.
(2)If such a statement is made but it subsequently appears that the condition will not be met on completion of the programme, the company—
(a)is not entitled to special television relief for any period for which its entitlement depended on such a statement, and
(b)must amend accordingly its company tax return for any such period.
(3)When the relevant programme is completed or the company abandons television production activities in relation to it (as the case may be), the company's company tax return for the completion period must be accompanied by a final statement of the amount of core expenditure on the programme that is UK expenditure.
(4)If that statement shows that the condition in section 1216CE is not met, the company—
(a)is not entitled to special television relief for any period, and
(b)must amend accordingly its company tax return for any period for which such relief was claimed.]