[F11217BBIncome from the video gameU.K.
(1)References in this Chapter to income from the video game are to any receipts by the company in connection with the production or exploitation of the video game.
(2)This includes—
(a)receipts from the sale of the video game or rights in it,
(b)royalties or other payments for use of the video game or aspects of it (for example, characters or music),
(c)payments for rights to produce games or other merchandise, and
(d)receipts by the company by way of a profit share agreement.
(3)Receipts that (apart from this subsection) would be regarded as of a capital nature are treated as being of a revenue nature.]
Textual Amendments
F1Pt. 15B inserted (17.7.2013 for specified purposes and 1.4.2014 in so far as not already in force) by Finance Act 2013 (c. 29), Sch. 17 paras. 1, 2; S.I. 2014/1962, art. 2(1)(2)