797 Individuals claiming sideways or capital gains relief for film-related losses
Income Tax Act 2007 (2007 c 3) | Legislation

797  Individuals claiming sideways or capital gains relief for film-related losses

(1)     This section applies if—

(a)     an individual makes a film-related loss (see section 800) in a trade for which the individual claims sideways relief or capital gains relief (a “relevant claim”),

(b)     there is a disposal of a right of the individual to profits arising from the trade (a “relevant disposal”) (see section 799), and

(c)     an exit event occurs.

(2)     An exit event occurs whenever—

(a)     the individual receives

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