[879M When the partial restrictions apply: qualifying IP assets]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[Partial restrictions on debits]

[879M  When the partial restrictions apply: qualifying IP assets]

[(1)     Section 879O (the partial restrictions on debits) applies in respect of a relevant asset (“the asset concerned”) of a company if—

(a)     the company acquires the asset concerned on or after 1 April 2019 as part of the acquisition of a business,

(b)     the company also acquires qualifying IP

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