Section 1218ZCA | Companies qualifying for museums and galleries exhibition tax relief ^F1

(1)A company qualifies for museums and galleries exhibition tax relief in relation to the production of an exhibition if conditions A to D are met.^F1

(2)Condition A is that the company is—^F1

(a)the primary production company for the exhibition, or^F1

(b)a secondary production company for the exhibition.^F1

(3)Condition B is that the company is—^F1

(a)a charitable company which maintains a museum or gallery,^F1

(b)wholly owned by a charity which maintains a museum or gallery, or^F1

(c)wholly owned by a local authority which maintains a museum or gallery.^F1

See section 1218ZCB for the interpretation of paragraphs (b) and (c).

(4)Condition C is that at the beginning of the planning stage, the company intends that the exhibition should be public (within the meaning given by section 1218ZAA).^F1

(5)Condition D is that the UK expenditure condition is met (see section 1218ZCC).^F1F2

(6)For the purposes of subsection (3) “museum or gallery” includes—^F1

(a)a library or archive, and^F1

(b)a site where a collection of objects or works (or a single object or work) considered to be of scientific, historic, artistic or cultural interest is exhibited outdoors (or partly outdoors).^F1

(6A)For the purposes of subsection (3), the fact that a person is responsible for an exhibition at a venue does not, by itself, mean that the person maintains a museum or gallery.^F1F3

(7)There is further related provision in section 1218ZCM (tax avoidance arrangements).^F1