New Schedule 1
Crossrail Bill
6:00 pm
Neutral effect of transfer of intangible assets
23 (1) For the purposes of Schedule 29 to FA 2002, a relevant transfer of a chargeable intangible asset of the transferor is to be treated as not involving any realisation of the asset by the transferor.
(2) Expressions used in this paragraph and in that Schedule have the same meanings in this paragraph as in that Schedule.