Section 1218ZBC | Costs of the production ^F1

(1)References in this Chapter to the costs of a production of an exhibition are to expenditure incurred by the company on—

(a)activities involved in developing, producing, running, deinstalling and closing the exhibition, or

(b)activities with a view to exploiting the exhibition.

(2)This is subject to any provision of the Corporation Tax Acts prohibiting the making of a deduction, or restricting the extent to which a deduction is allowed, in calculating the profits of a trade.