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Legislation
Income Tax (Trading and Other Income) Act 2005

Chapter 10 Trade profits: certain telecommunication rights

  • Section 144A Chapter not to apply where cash basis used
  • Section 145 Professions and vocations
  • Section 146 Meaning of “relevant telecommunication right”
  • Section 147 Expenditure and receipts treated as revenue in nature
  • Section 148 Credits or debits arising from revaluation
  1. Chapter 10 · Trade profits: certain telecommunication rights
  2. Meaning of “relevant telecommunication right”

Section 146 | Meaning of “relevant telecommunication right”

From legislation.gov.uk

In this Chapter a “relevant telecommunication right” means—

(a)a licence granted under section 8 of the Wireless Telegraphy Act 2006 in accordance with regulations made under section 14 of that Act (bidding for licences),

(b)an indefeasible right to use a telecommunications cable system, or

(c)a right derived (directly or indirectly) from such a licence or indefeasible right.

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