Section 357S | Introduction and interpretation

(1)This Chapter makes provision about the operation of Part 15A of CTA 2009 (television production) in relation to expenditure incurred by a company in an accounting period in which it is a Northern Ireland company.

(2)In this Chapter—

(a)“Northern Ireland expenditure” means expenditure incurred in a trade to the extent that the expenditure forms part of the Northern Ireland profits or Northern Ireland losses of the trade;

(b)“the separate programme trade” has the same meaning as in Chapter 3 of Part 15A of CTA 2009 (see section 1216C(6) of that Act);

(c)“qualifying expenditure” has the same meaning as in that Chapter (see section 1216CF(3) of that Act).

(3)References in Part 15A of CTA 2009 to “television tax relief” include relief under this Chapter.