[F1PART 15EU.K.Museums and galleries exhibition tax relief

Textual Amendments

F1Pt. 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)

C1Pt. 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)

C2Pt. 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)

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...
F2...
“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.]
[F3“UK expenditure” has the meaning given by section 1218ZCC(2);
“UK expenditure condition” has the meaning given by section 1218ZCC(1).]

Textual Amendments