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Contents

Legislation
Corporation Tax Act 2009

Crossheading Miscellaneous

  • Section 919 Deduction of tax from payments to non-UK resident companies
  • Section 920 Adjustments where tax has been deducted
  • Section 921 Licences connected with patents
  • Section 922 Rights to acquire future patent rights
  • Section 923 Sums paid for Crown use etc treated as paid under licence
  1. Miscellaneous
  2. Rights to acquire future patent rights

Section 922 | Rights to acquire future patent rights

From legislation.gov.uk

(1)If a sum is paid to obtain a right to acquire future patent rights, then for the purposes of this Chapter—

(a)the payer is treated as purchasing patent rights for that sum, and

(b)the recipient is treated as selling patent rights for that sum.

(2)If a person—

(a)pays a sum to obtain a right to acquire future patent rights, and

(b)subsequently acquires those rights,

the expenditure is to be treated for the purposes of this Chapter as having been expenditure on the purchase of those rights.

(3)In this section “a right to acquire future patent rights” means a right to acquire in the future patent rights relating to an invention in respect of which the patent has not yet been granted.

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