Section 733 | Overview of Chapter

(1)This Chapter provides for credits or debits to be brought into account for tax purposes on the realisation by a company of an intangible fixed asset.

(2)For the meaning of “realisation”, see section 734.

(3)Sections 735 to 738 are subject to Chapter 7 (roll-over relief in case of realisation and reinvestment).

(4)This Chapter is also relevant for determining—

(a)whether an asset is a chargeable intangible asset for the purposes of this Part, and

(b)whether a gain is a chargeable realisation gain for the purposes of this Part.

(5)For the meaning of “chargeable intangible asset” and “chargeable realisation gain”, see section 741.