Corporation Tax Act 2009 (c. 4)

[F1 PART 15E U.K. Museums and galleries exhibition tax relief

Textual Amendments

F1 Pt. 15E inserted (for specified purposes and with effect in accordance with Sch. 6 paras. 20, 21(1)(a) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 6 para. 1 (with Sch. 6 para. 21(3))

Modifications etc. (not altering text)

C1 Pt. 15E modified by 2010 c. 4, s. 357UR(3) (as inserted (with effect in accordance with Sch. 6 para. 20 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 6 para. 17)

C2 Pt. 15E modified (temp.) (with application in accordance with s. 21(1)(4) of the amending Act) by Finance Act 2022 (c. 3), s. 21(1)(4)

CHAPTER 6 U.K. Interpretation

1218ZFA Interpretation U.K.

In this Part—

• “company tax return” has the same meaning as in Schedule 18 to FA 1998 (see paragraph 3(1) of that Schedule);

• “core expenditure” has the meaning given by section 1218ZCD;

• “costs”, in relation to an exhibition, has the meaning given by section 1218ZBC;

• “[F2 European] expenditure” has the meaning given by section 1218ZCC(2);

• “[F2 European] expenditure condition” has the meaning given by section 1218ZCC;

• “exhibition” has the meaning given by section 1218ZAA;

• “income”, in relation to an exhibition, has the meaning given by section 1218ZBB;

• “museums and galleries exhibition tax relief” is to be read in accordance with Chapter 3 (see in particular section 1218ZC(1));

• “primary production company” has the meaning given by section 1218ZAC;

• “qualifying expenditure” has the meaning given by section 1218ZCG;

• “secondary production company” has the meaning given by section 1218ZAD;

• “the separate exhibition trade” is to be read in accordance with section 1218ZB;

• “touring exhibition” has the meaning given by section 1218ZAB.]

Textual Amendments

F2 Word in s. 1218ZFA substituted (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2019 (S.I. 2019/689), regs. 1, 16(44) (with regs. 39-41); 2020 c. 1, Sch. 5 para. 1(1)