SCHEDULES

SCHEDULE 2Transitionals and savings

Part 17Film production

Prohibition on double counting

132

1

Expenditure is not to be taken into account for the purposes of Chapter 2 of Part 15 if relief has been given in respect of it under—

a

section 40B, 41 or 42 of F(No.2)A 1992,

b

section 48 of F(No.2)A 1997, or

c

section 135, 136 to 138A or 139 to 142 of ITTOIA 2005.

2

For the purposes of paragraph 130 and any regulations made under that paragraph, sub-paragraph (1) of this paragraph is treated as if contained in Part 15.