SCHEDULES

C1C2C4C3C5C6C7SCHEDULE 29Gains and losses of a company from intangible fixed assets

Annotations:
Modifications etc. (not altering text)
C1

Sch. 29 applied (with modifications) (15.8.2002) by S.I. 2002/1967, regs. 3-6

C6

Sch. 29 modified (19.7.2006) by Finance Act 2006 (c. 25), s. 136(2)(f)

C2Part 9Application of provisions to groups of companies

64Degrouping: supplementary provisions

For the purposes of paragraphs 58 to 61 (degrouping)—

a

two or more companies are associated if, by themselves, they would form a group of companies; and

b

an asset acquired by a company is treated as the same as an asset owned at a later time by that company or an associated company if the value of the second asset is derived in whole or in part from the first asset.