Section 900K | Fungible assets: pre-FA 2002 assets and restricted assets

(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.