SCHEDULES
C1SCHEDULE 29Gains and losses of a company from intangible fixed assets
Annotations:
Modifications etc. (not altering text)
Part 12Transactions between related parties
93Exclusion of roll-over relief in case of part realisation involving related party
Part 7 (roll-over relief in case of reinvestment) does not apply in relation to the part realisation by a company of an intangible fixed asset if a person who is a related party in relation to the company acquires an interest of any description—
a
in that asset, or
b
in an asset whose value is derived in whole or in part from that asset,
as a result of, or in connection with, the part realisation.
Sch. 29 applied (with modifications) (15.8.2002) by S.I. 2002/1967, regs. 3-6