Section 1208 — Corporation Tax Act 2009: Application of sections 1209 and 1210

Application of sections 1209 and 1210 1208 1 Sections 1209 and 1210 apply to a company that is the film production company in relation to a film.

2 In those sections— “ the completion period ” means the accounting period of the company—

in which the film is completed, or if the company does not complete the film, in which it abandons film-making activities in relation to the film, “ loss relief ” includes any means by which a loss might be used to reduce the amount in respect of which the company, or any other person, is chargeable to tax, “ pre-completion period ” means an accounting period of the company before the completion period, and “ the separate film trade ” means the company's separate trade in relation to the film (see section 1188).