Section 808C — Finance Act 2014: Assets representing expenditure incurred in course of separate theatrical trade

Assets representing expenditure incurred in course of separate theatrical trade 808C 1 This Part does not apply to an intangible fixed asset held by a theatrical production company so far as the asset represents expenditure on a theatrical production that is treated under Part 15C as expenditure of a separate trade (see particularly sections 1217H and 1217IE).

2 In this section— “ theatrical production ” has the same meaning as in Part 15C (see section 1217FA); “ theatrical production company ” means a company which, for the purposes of that Part, is the production company in relation to a theatrical production (see section 1217FC).