Section 1217FC “Production company”F1

(1)

A company is the production company in relation to a theatrical production if the company (acting otherwise than in partnership)—

(a)

is responsible for producing, running and closing the theatrical production,

(b)

is actively engaged in decision-making during the production, running and closing phases,

(c)

makes an effective creative, technical and artistic contribution to the production, and

(d)

directly negotiates for, contracts for and pays for rights, goods and services in relation to the production.

(2)

No more than one company can be the production company in relation to a theatrical production.

(3)

If more than one company meets the conditions in subsection (1) in relation to a theatrical production, the company that is most directly engaged in the activities mentioned in subsection (1) is the production company.

(4)

If there is no company meeting the conditions in subsection (1), there is no production company in relation to the production.

Annotations

Textual amendments

F1: Pt. 15C inserted (17.7.2014 for specified purposes and with effect in accordance with Sch. 4 para. 16 of the amending Act, 22.8.2014 in so far as not already in force) by Finance Act 2014 (c. 26), Sch. 4 paras. 1, 16; S.I. 2014/2228, art. 2

Notes on Part 15C

Modifications

C1: Pt. 15C modified (with application in accordance with s. 17(1)(4) of the amending Act) by Finance Act 2022 (c. 3), s. 17(1)(4)