F1PART 15EMuseums and galleries exhibition tax relief
CHAPTER 3Museums and galleries exhibition tax relief
F2Companies in insolvency
1218ZCLANo claim if company in administration or liquidation
(1)
A company may not make a claim under section 1218ZCE or section 1218ZCH at a time when it is in administration or liquidation.
(2)
For the purposes of this section, a company is in administration if—
(a)
it is in administration under Part 2 of the Insolvency Act 1986 or Part 3 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)), or
(b)
a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.
(3)
For the purposes of this section, a company is in liquidation if—
(a)
it is in liquidation within the meaning of section 247 of that Act or Article 6 of that Order, or
(b)
a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.