SCHEDULES

SCHEDULE 6Relief for production of museum and gallery exhibitions

PART 2Consequential amendments

ICTA

I12

1

Section 826 of ICTA (interest on tax overpaid) is amended as follows.

2

In subsection (1), after paragraph (fd) insert—

fe

a payment of museums and galleries exhibition tax credit falls to be made to a company; or

3

In subsection (3C), for “or orchestra tax credit” substitute “ , orchestra tax credit or museums and galleries exhibition tax credit ”.

4

In subsection (8A)—

a

in paragraph (a), for “or (fd)” substitute “ , (fd) or (fe) ”, and

b

in paragraph (b)(ii), after “orchestra tax credit” insert “ or museums and galleries exhibition tax credit ”.

5

In subsection (8BA), after “orchestra tax credit” (in both places) insert “ or museums and galleries exhibition tax credit ”.