53 Intangible fixed assets: transfers treated as at market value
Finance Act 2016 (2016 c 24) | Legislation

53  Intangible fixed assets: transfers treated as at market value

(1)     In section 845 of CTA 2009 (transfer between company and related party treated as at market value), after subsection (4) insert—

“(4A)     References in subsection (1) to a related party in relation to a company are to be read as including references to a person in circumstances where the participation condition is met as between that person and the company.

(4B)     References in subsection (4A) to a

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