Corporation Tax Act 2009

733Overview of ChapterU.K.

This section has no associated Explanatory Notes

(1)This Chapter provides for credits or debits to be brought into account for tax purposes on the realisation by a company of an intangible fixed asset.

(2)For the meaning of “realisation”, see section 734.

(3)Sections 735 to 738 are subject to Chapter 7 (roll-over relief in case of realisation and reinvestment).

(4)This Chapter is also relevant for determining—

(a)whether an asset is a chargeable intangible asset for the purposes of this Part, and

(b)whether a gain is a chargeable realisation gain for the purposes of this Part.

(5)For the meaning of “chargeable intangible asset” and “chargeable realisation gain”, see section 741.