Section 1179BA — Corporation Tax Act 2009: Duration of separate trade

Duration of separate trade 1179BA 1 When the qualifying company is treated as beginning to carry on the separate production trade is determined by—

a section 1179DW , in the case of a film or television programme;

b section 1179FO , in the case of a video game.

2 If the result is that the separate production trade is treated as having been carried on in an accounting period before the opt-in period, any relevant company tax return must be amended so as to give effect to that treatment in that earlier accounting period.

3 Once a company has made an election under section 1179B (1) , the activities of the company in relation to the production are to continue to be treated as a separate trade in accordance with this Chapter even if—

a the production ceases to be a qualifying production, or b the company ceases to be the qualifying company for it.

4 That is the case even if the production ceases to be regarded as a qualifying production in the opt-in period as a result of events after the end of that period.

5 In the following provisions of this Chapter, “qualifying production” and “qualifying company” are accordingly capable of including productions or companies that used to be so.