SCHEDULES

SCHEDULE 8 Tax relief for production of orchestral concerts

PART 2 Consequential amendments

ICTA

2 (1) Section 826 of ICTA (interest on tax overpaid) is amended as follows.

(2) In subsection (1), after paragraph (fc) insert—

“(fd) a payment of orchestra tax credit falls to be made to a company; or”.

(3) In subsection (3C), for “or theatre tax credit” substitute “, theatre tax credit or orchestra tax credit”.

(4) In subsection (8A)—

(a) in paragraph (a), for “or (fc)” substitute “, (fc) or (fd)”, and

(b) in paragraph (b)(ii), after “theatre tax credit” insert “or orchestra tax credit”.

(5) In subsection (8BA), after “theatre tax credit” (in both places) insert “or orchestra tax credit”.