Regulation 2 Interpretation

In these Regulations—

• “the Act” means the Films Act 1985;

• “co-production film” means a film which by virtue of any Order in Council made under paragraph 4(5) of Schedule 1 to the Act^f1 is to be treated as if it is a British film for the purposes of Schedule 1 to the Act;

• “core expenditure” has the same meaning as in section 34(1) of the Finance Act 2006^f2;

• “film production company” has the same meaning as in section 32 of the Finance Act 2006.

• “group of companies” means a company and all other companies which are its subsidiaries within the meaning of section 736 of the Companies Act 1985^f3.

• “other expenditure” means all the expenditure on the work carried out in the making of the film which is not core expenditure;

• “producer” means the person by whom the arrangements necessary for the making of the film are undertaken;

• “theatrical release” means exhibition to the paying public at the commercial cinema;

• “UK expenditure” has the same meaning as in section 35(1) of the Finance Act 2006.