Schedules
Schedule 3Theatrical productions
Part 1Amendments of Part 15C of CTA 2009
10Relief not to be available for companies in insolvency
1
After section 1217KC insert—
Companies in insolvency
1217KDNo claim if company in administration or liquidation
1
A company may not make a claim under section 1217H or section 1217K at a time when it is in administration or liquidation.
2
For the purposes of this section, a company is in administration if—
a
it is in administration under Part 2 of the Insolvency Act 1986 or Part 3 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)), or
b
a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.
3
For the purposes of this section, a company is in liquidation if—
a
it is in liquidation within the meaning of section 247 of that Act or Article 6 of that Order, or
b
a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.
2
That amendment has effect in relation to claims made on or after 1 April 2024.