Section 1217S — Corporation Tax Act 2009: Application of sections 1217SA to 1217SC

Application of sections 1217SA to 1217SC 1217S 1 Sections 1217SA to 1217SC apply to a company which is treated under section 1217Q(2) or (5) as carrying on a separate trade in relation to the production of a concert or concert series.

2 In those sections—

a “ the completion period ” means the accounting period in which the company ceases to carry on the separate orchestral trade;

b “ loss relief ” includes any means by which a loss might be used to reduce the amount in respect of which a company, or any other person, is chargeable to tax.