2.—(1) Paragraph (2) applies for the purposes of section 1179DJA(1)(b) of the Corporation Tax Act 2009 (requirements for a film to be certified as low-budget where a certificate under Schedule 1 to the Films Act 1985 is granted in relation to the film).
(2) The budget condition, in relation to a film, is that the total core expenditure in relation to the film does not exceed £23,500,000.