177 Disposal of know-how if trade continues to be carried on
Corporation Tax Act 2009 (2009 c 4) | Legislation

177  Disposal of know-how if trade continues to be carried on

(1)     This section applies if—

(a)     a company carrying on a trade receives consideration for the disposal of know-how which has been used in the trade,

(b)     the company continues to carry on the trade after the disposal, and

(c)     neither section 178 (disposal of know-how as part of disposal of all or part of a trade) nor section 179 (seller

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