[1218ZCG “Qualifying expenditure”]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1218ZCG  “Qualifying expenditure”]

[(1)     In this Chapter “qualifying expenditure”, in relation to the production of an exhibition, means core expenditure (see section 1218ZCD) on the production that—

(a)     falls to be taken into account under sections 1218ZBA to 1218ZBF in calculating the profit or loss of the separate exhibition trade for tax purposes, [and]

(b)     is not expenditure which is otherwise relievable,

[(ba)     is not excluded by subsection (2A),] . . .

(c)     . . ..

(2)     For the purposes of this section expenditure is “otherwise relievable” if it is expenditure in respect of which [the company would be able to claim]—

(a)     . . .

(b)     relief under Part 13 (. . . relief for expenditure on research and development),

(c)

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