Economic policy: Tebbit minute to MT ("Film Industry") ["whether we can make a concession without undermining the Budget strategy on capital allowances... the industry now accept the loss of capital allowances... by operating on Section 72 of the 1981 Finance Act, we can avoid this problem... Treasury claims that Section 72 as it stands is an appropriate basis to apply to the UK film industry, while the industry argue... that Section 72 is based on US accounting practices"] [declassified Jan 2014]