CC 10 Films
When this section applies

(1)

This section applies when a person has a right or interest of any of the kinds described in subsection (2) in or to—

(a)

a film; or

(b)

a print of the film; or

(c)

publicity material for the film; or

(d)

any other tangible asset relating to the film.

Right or interest

(2)

The right or interest is a right or interest, including a future or contingent right or interest, of any of the following kinds:

(a)

copyright in the film:

(b)

a licence relating to the copyright:

(c)

an equitable right in the copyright:

(d)

an equitable right in a licence relating to the copyright:

(e)

any other right existing in or attaching to the film:

(f)

a right to income, or a share of income, from the rental, sale, use, or other exploitation of the film.

Income

(3)

The following amounts are income of the person:

(a)

an amount received or receivable by the person for—

(i)

the use of, or the right to use, the film or a right or interest in a right in the film:

(ii)

the granting of a licence for a future right in the film:

(iii)

the disposal of some or all of a right or interest in a right in the film:

(iv)

the assignment of a right or an interest in a right:

(v)

the assignment of a right to derive income from the use of a right or interest; and

(b)

an amount derived by the person from the rental, sale, use, or other exploitation of the film.

Relationship with sections CV 17 and YD 7[Repealed]

(4)

[Repealed]

Defined in this Act: amount, film, income

Compare: 2004 No 35 s CC 10

Section CC 10(4) heading: repealed, on 2 November 2012, by section 5 of the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Act 2012 (2012 No 88).

Section CC 10(4): repealed, on 2 November 2012, by section 5 of the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Act 2012 (2012 No 88).