41Conditions of relief: UK expenditureU.K.
(1)Not less than 25% of the core expenditure on the film incurred—
(a)in the case of a British film other than a qualifying co-production, by the film production company,
(b)in the case of a qualifying co-production, by the co-producers,
must be UK expenditure.
(2)The Treasury may by regulations amend the percentage specified in subsection (1).
(3)No such regulations shall be made unless a draft of the regulations has been laid before and approved by a resolution of the House of Commons.