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Article 5 Allowances for expenditure on purchase of patent rights

Original text. Later amendments are not shown.

The amount of capital expenditure which, for the purposes of section 520 of the 1988 Act (allowances for expenditure on purchase of patent rights), the Company shall be treated as having incurred on the Transfer Date, on the purchase for its use of the patents which are vested in the Company in accordance with the Transfer Scheme, shall be nil.