808Assets representing production expenditure on filmsU.K.
This section has no associated Explanatory Notes
(1)This Part does not apply to an intangible fixed asset held by a film production company so far as it represents production expenditure on a film to which Chapter 2 of Part 15 (taxation of activities of film production company) applies.
(2)In this section—
(a)“film” has the same meaning as in Part 15 (see section 1181),
(b)“film production company” has the same meaning as in that Part (see section 1182), and
(c)“production expenditure” has the same meaning as in that Part (see section 1184(1)).