{
  "url": "https://openlegislation.uk/finance-act-2019/schedule-5/paragraph-27",
  "json_url": "https://openlegislation.uk/finance-act-2019/schedule-5/paragraph-27.json",
  "legislation": "ukpga/2019/1",
  "legislation_title": "Finance Act 2019",
  "legislation_url": "https://openlegislation.uk/finance-act-2019",
  "path": "schedule/5/paragraph/27",
  "kind": "paragraph",
  "number": "27",
  "heading": null,
  "text": "In section 863 (asset becoming chargeable intangible asset), in subsection (1)(b)—\n(a) after “held” insert\n“— ”, and\n(i)\n(b) after “establishment,” insert—\n“(ii) for the purposes of a trade carried on by the company of dealing in or developing UK land,\n(iii) for the purposes of a UK property business carried on by the company, or\n(iv) for the purposes of enabling the company to generate other UK property income (within the meaning given by section 5(6)),”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 5 para. 27 in force at 6.4.2020, see Sch. 5 para. 35"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2019/1/schedule/5/paragraph/27",
    "retrieved_at": "2026-10-29T09:04:30.296814+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}