Section 900K — Corporation Tax Act 2009: Fungible assets: pre-FA 2002 assets and restricted assets

Fungible assets: pre-FA 2002 assets and restricted assets 900K 1 For the purposes of section 900J—

a pre-FA 2002 assets, b restricted assets, and c standard intangible fixed assets, are to be regarded as assets of different kinds.

2 If section 900J applies (whether or not it is a case where subsection (1) of this section has effect)—

a a single asset comprising pre-FA 2002 assets is treated as itself being a pre-FA 2002 asset, b a single asset comprising restricted assets is treated as itself being a restricted asset, and c a single asset comprising standard intangible fixed assets is treated as itself being a standard intangible fixed asset.