[F1900KFungible assets: pre-FA 2002 assets and restricted assetsU.K.
(1)For the purposes of section 900J—
(a)pre-FA 2002 assets,
(b)restricted assets, and
(c)standard intangible fixed assets,
are to be regarded as assets of different kinds.
(2)If section 900J applies (whether or not it is a case where subsection (1) of this section has effect)—
(a)a single asset comprising pre-FA 2002 assets is treated as itself being a pre-FA 2002 asset,
(b)a single asset comprising restricted assets is treated as itself being a restricted asset, and
(c)a single asset comprising standard intangible fixed assets is treated as itself being a standard intangible fixed asset.]
Textual Amendments
F1Pt. 8 Chs. 16A, 16B inserted (with effect in accordance with s. 31(14)(15) of the amending Act) by Finance Act 2020 (c. 14), s. 31(13)