Section 1179FQ | Accounting periods

(1)A reference to an accounting period, in relation to a video game, is a reference to an accounting period of the development company for the video game.

(2)A reference to the “completion period”, in relation to a video game, is a reference to the accounting period in which—

(a)the video game is completed (see section 1179FS), or

(b)the development company abandons development activities in relation to the video game.

(3)The development company for a video game must, in its company tax return for the completion period, state whichever of those has occurred.

(4)A reference to a “pre-completion period”, in relation to a video game, is a reference to any accounting period before the completion period in relation to that video game.

(5)In this section, “development company” includes a company that is no longer the development company for the video game but is still carrying on the separate production trade in relation to it.