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Section 156ZB: Intangible fixed assets: interaction with relief under Chapter 7 of Part 8 of CTA 2009

Taxation of Chargeable Gains Act 1992 · 1992 c. 12View on legislation.gov.uk

Part V: Transfer of business assets, business asset disposal relief and investors' relief — Chapter I: Transfer of business assets: General provisions

Subsection (2) applies if there is a disposal on or after 1 April 2002 of an asset that is both—

an asset of a class specified in section 155, and
an intangible fixed asset for the purposes of Part 8 of CTA 2009.

The period specified in section 152(3)—

does not include any period beginning on or after 1 April 2002, and
may not be extended so as to include any such period.

Classes 4 to 7A in section 155 do not apply for the purposes of corporation tax as respects the acquisition of new assets that are chargeable intangible assets for the purposes of Part 8 of CTA 2009 (see section 741 of that Act).

In the case of an acquisition before 22 March 2005, subsection (3) applies as if it referred to Classes 4 to 7, instead of Classes 4 to 7A.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.