Commentary on Sections Overview Overview Section 897: Application to pre-FA 2002 assets consisting of telecommunication rights
2274.This section brings certain telecommunication rights within the intangible fixed assets regime. It is based on paragraph 128 of Schedule 29 to FA 2002.
2275.Subsection (2) ensures that the intangible fixed assets rules work properly for telecommunication rights dealt with under a previous special tax regime.
2276.Paragraph 128(4) of Schedule 29 to FA 2002 is spent and is not rewritten.