[1217GA The commercial purpose condition]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1217GA  The commercial purpose condition]

[(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).

[(2A)     A performance

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