Part 9Intellectual property: know-how and patents
Chapter 5Supplementary
928Exchanges
1
In this Part references to the sale of property include the exchange of property.
2
In this section—
references to property include know-how, and
references to the sale of property include the disposal of know-how.
3
For the purposes of subsection (1), any provision of this Part referring to a sale has effect with the necessary modifications, including, in particular, those in subsections (4) and (5).
4
References to the proceeds of sale and to the price include the consideration for the exchange.
5
References to capital sums included in the proceeds of sale include references to so much of the consideration for the exchange as would have been a capital sum if it had been a money payment.