{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-1218ZA",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-1218ZA.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/1218ZA",
  "kind": "section",
  "number": "1218ZA",
  "heading": "Overview",
  "text": "(1) This Part is about the production of museum and gallery exhibitions, and applies for corporation tax purposes.\n(2) This Chapter explains what is meant by “exhibition” and “touring exhibition” and how a company comes to be treated as the primary production company or a secondary production company for an exhibition.\n(3) Chapter 2 is about the taxation of the activities of a production company and includes—\n(a) provision for the company’s activities in relation to its exhibition to be treated as a separate trade, and\n(b) provision about the calculation of the profits and losses of that trade.\n(4) Chapter 3 is about relief (called “museums and galleries exhibition tax relief”) which may be given to a production company in relation to an exhibition—\n(a) by way of additional deductions to be made in calculating the profits or losses of the company’s separate trade, or\n(b) by way of a payment (a “museums and galleries exhibition tax credit”) to be made on the company’s surrender of losses from that trade,\nand describes the conditions a company must meet to qualify for museums and galleries exhibition tax relief.\n(5) Chapter 4 contains provision about the use of losses of the separate trade (including provision about relief for terminal losses).\n(6) Chapter 5 provides—\n(a) for relief under Chapters 3 and 4 to be given on a provisional basis, and\n(b) for such relief to be withdrawn if it turns out that conditions that must be met for such relief to be given are not actually met.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 15E inserted (for specified purposes and with effect in accordance with Sch. 6 paras. 20, 21(1)(a) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 6 para. 1 (with Sch. 6 para. 21(3))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/1218ZA",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}