Commentary on Sections Overview Chapter 7: Roll-over relief in case of realisation and reinvestment Section 760: References to cost of asset where asset affected by change of accounting policy
2054.This section modifies the cost of the intangible fixed asset that is replaced, for the purposes of the reinvestment relief rules, in cases where there has been a change of accounting policy resulting in adjustments under Chapter 15 of this Part. It is based on paragraph 42A of Schedule 29 to FA 2002.