Section 1216CE | UK expenditure ^F1

(1)At least 10% of the core expenditure on the relevant programme incurred—^F1F2

(a)in the case of a British programme that is not a qualifying co-production, by the company, and^F1

(b)in the case of a qualifying co-production, by the co-producers,^F1

must be UK expenditure.

(2)The Treasury may by regulations amend the percentage specified in subsection (1).^F1