# Corporation Tax Act 2009, Section 1142C: Right to payment of credit inalienable


(1) The right of a company to be paid an amount of R&D expenditure credit or R&D tax credit may not be assigned.
(2) Accordingly, a purported assignment of such a right, or an agreement to assign such a right, is void.
(3) References to assignment in this section are to be read in Scotland as references to assignation.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1142C (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1142C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.