# Corporation Tax Act 2010, Section 357OD: “Realisation credit” and “realisation debit”


In this Chapter, a “realisation credit” or “realisation debit”, in relation to a trade carried on by a company in an accounting period, means a credit or debit which—
(a) is brought into account by the company under Part 8 of CTA 2009 for the period as a result of Chapter 4 of that Part (realisation of intangible fixed assets),
(b) is treated under section 747 of that Act as a receipt or expense of the trade, and
(c) does not relate to a pre-commencement asset.

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