# Finance Act 2019, Paragraph 27

Extent: E+W+S+N.I.

In section 863 (asset becoming chargeable intangible asset), in subsection (1)(b)—
(a) after “held” insert
“— ”, and
(i)
(b) after “establishment,” insert—
“(ii) for the purposes of a trade carried on by the company of dealing in or developing UK land,
(iii) for the purposes of a UK property business carried on by the company, or
(iv) for the purposes of enabling the company to generate other UK property income (within the meaning given by section 5(6)),”.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/5/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-5/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.