Section 152 — Corporation Tax Act 2009: Interpretation of sections 150 and 151

Interpretation of sections 150 and 151 152 1 For the purposes of sections 150 and 151—

a “ sound recording ” does not include a film soundtrack, b “ original master version ” means the master tape or master audio disc of the recording, c references to the original master version of a sound recording include any rights in the original master version that are held or acquired with it, and d “ relevant period ” means—

i a period for which accounts of the trade are made up, or ii if no accounts of the trade are made up for a period, an accounting period of the company.

2 In subsection (1)(a) “ film ” is to be read in accordance with section 1181.