Textual Amendments
F1Pt. 15A inserted (17.7.2003 for specified purposes, 19.7.2003 in so far as not already in force, and with effect in accordance with Sch. 16 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 16 paras. 1, 2; S.I. 2013/1817, art. 2(1)
(1)This Chapter applies for corporation tax purposes to a company that is the television production company in relation to a relevant programme.
(2)The company's activities in relation to the programme are treated as a trade separate from any other activities of the company (including any activities in relation to any other television programme).
(3)In this Chapter the separate trade is called “the separate programme trade”.
(4)The company is treated as beginning to carry on the separate programme trade—
(a)when pre-production begins, or
(b)if earlier, when any income from the relevant programme is received by the company.]