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

(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.

(2)Condition A is that the company is—

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

(b)a secondary production company for the exhibition.

(3)Condition B is that the company is—

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

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

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

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).

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

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

(a)a library or archive, and

(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).

(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.

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