Commentary on Sections Overview Chapter 7: Roll-over relief in case of realisation and reinvestment Section 755: Conditions relating to the old asset and its realisation
2047.This section states the conditions for roll-over relief that must be met in respect of the intangible fixed asset that is replaced. It is based on paragraph 38 of Schedule 29 to FA 2002.
2048.Subsection (4) applies to such assets as internally-generated goodwill.