Section 1179DX | Costs and income of separate trade

(1)This section applies for the purposes of section 1179BB as that section applies in relation to a film or television programme.

(2)Expenditure counts towards the costs of the film or programme if it is expenditure on—

(a)production activities in connection with the film or programme, or

(b)activities with a view to exploiting the film or programme.

(3)Repealed

(4)Receipts count towards the income from the film or programme if they are receipts in connection with the making or exploitation of the film or programme, including—

(a)receipts from the sale of the film or programme or rights in it,

(b)royalties or other payments for use of the film or programme, or aspects of it (for example, characters or music),

(c)payments for rights to produce games or other merchandise, and

(d)receipts by way of a profit share agreement.