Section 1217GA — Finance Act 2014: The commercial purpose condition

The commercial purpose condition 1217GA 1 The “commercial purpose condition” is that at the beginning of the production phase the company intends that all, or a high proportion of, the live performances that it proposes to run will be—

a to paying members of the general public, or b provided for educational purposes.

2 The reference in subsection (1) to “ live performances ” is to be read in accordance with section 1217FA(4).

3 A performance is not regarded as provided for educational purposes if the production company is, or is associated with, a person who—

a has responsibility for the beneficiaries, or b is otherwise connected with the beneficiaries (for instance, by being their employer).

4 For the purposes of subsection (3), a production company is associated with a person (“P”) if—

a P controls the production company, or b P is a company which is controlled by the production company or by a person who also controls the production company.

5 In this section— “ the beneficiaries ” means persons for whose benefit the performance will or may be provided; “ control ” has the same meaning as in Part 10 of CTA 2010 (see section 450 of that Act).