SCHEDULES

Valid from 01/01/2007

SCHEDULE 5U.K.Film tax relief: further provisions

Part 1 U.K.Entitlement to film tax relief

No account to be taken of amounts if unpaidU.K.

12(1)In determining for the purposes of this Part of this Schedule the amount of costs incurred on a film at the end of a period of account no account is to be taken of any amount that has not been paid four months after the end of that period.U.K.

(2)This is without prejudice to the operation of paragraph 9 of Schedule 4 (general rules as to when costs are taken to be incurred).