SCHEDULES

SCHEDULE 5Film tax relief: further provisions

Part 2Certification of British films for purposes of film tax relief

19

For paragraph 3 of that Schedule substitute—

Certification and withdrawal of certification

3

1

If the Secretary of State is satisfied that the requirements are met for interim or final certification of a film as a British film, he shall certify the film accordingly.

2

If the Secretary of State is not satisfied that those requirements are met, he shall refuse the application.

3

An interim certificate—

a

may be given subject to conditions, and (unless the Secretary of State directs otherwise) is of no effect if the conditions are not met;

b

may be expressed to expire after a specified period, and (unless the Secretary of State directs otherwise) ceases to have effect at the end of that period; and

c

ceases to have effect when a final certificate is issued.

4

If it appears to the Secretary of State that a film certified by him under this Schedule ought not to have been certified, he shall revoke its certification.

Unless the Secretary of State directs otherwise, a certificate that is revoked is treated as never having had effect.