# Finance Act 2011, Paragraph 5 In section 775(4) (intangible fixed assets: cases where transfers within group provisions do not apply), omit the β€œor” at the end of paragraph (a) and insert at the end β€œ, or (c) an election under section 18A has effect in relation to the transferor and the asset has at any time been held by the transferor wholly or partly for the purposes of a permanent establishment in a territory outside the United Kingdom through which the transferor carries on business.” --- Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/13/paragraph/5 (the official version) Page: https://openlegislation.uk/finance-act-2011/schedule-13/paragraph-5 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.