# Railways Act 2005, Paragraph 17

Extent: E+W+S

(1) For the purposes of Part 8 of the Corporation Tax Act 2009—
(a) a relevant transfer of a chargeable intangible asset of the transferor is to be treated as a tax-neutral transfer; and
(b) an intangible fixed asset which is a pre-FA 2002 asset of the transferor at the time of the transfer is to be treated, on and after the transfer, as a pre-FA 2002 asset in the hands of the transferee.
(2) Expressions used in this paragraph and in that Part have the same meanings in this paragraph as in that Part.

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Source: https://www.legislation.gov.uk/ukpga/2005/14/schedule/10/paragraph/17 (the official version)
Page: https://openlegislation.uk/railways-act-2005/schedule-10/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.