Section 900N — Corporation Tax Act 2009: Debits in respect of a single asset comprising restricted assets

Debits in respect of a single asset comprising restricted assets 900N 1 This section applies in respect of a single asset of a company that comprises restricted assets (and is itself treated as a restricted asset by reason of section 900K(2)(b)).

2 The relevant Chapters of this Part have effect as if the company acquired the single asset for the sum of the amounts for which the company would have been treated for the purposes of those Chapters as having acquired each of the restricted assets that comprises the single asset.

3 In this section “ the relevant Chapter of this Part ” has the meaning given by section 900E(6).