# Corporation Tax Act 2010, Section 357GCZD: Acquisition of qualifying IP rights etc by another party to CSA


(1) Subsection (2) applies if—
(a) a company is a party to a cost-sharing arrangement,
(b) a person (“A”) assigns to another party to the arrangement (“P”) a qualifying IP right,
(c) the qualifying IP right is a right in respect of the invention, and
(d) the company makes under the arrangement a payment in respect of the assignment (whether to A or to P).
(2) The payment is to be treated for the purposes of section 357BLE as if it were a payment to A in respect of the assignment by A to the company of the right.
(3) Subsection (4) applies if—
(a) a company is a party to a cost-sharing arrangement,
(b) a person (“A”) grants or transfers to another party to the arrangement (“P”) an exclusive licence in respect of qualifying IP right,
(c) the qualifying IP right is a right granted in respect of the invention, and
(d) the company makes a payment under the arrangement in respect of the grant or transfer (whether to A or to P).
(4) The payment is to be treated for the purposes of section 357BLE as if it were a payment to A in respect of the grant or transfer by A to the company of the licence.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/357GCZD (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-357GCZD
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.