# Corporation Tax Act 2009, Section 804: Assets for which capital allowances previously made


(1) This Part does not apply to an intangible asset of a company if conditions A, B and C are met.
(2) Condition A is that the asset falls to be treated as an intangible asset in accounts of the company.
(3) Condition B is that in a previous period of account the asset fell to be treated as a tangible asset in accounts of the company.
(4) Condition C is that an allowance under Part 2 of CAA 2001 (plant and machinery allowances) was made to the company in respect of the asset on the basis that it was a tangible asset.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/804 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-804
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.