[608F Meaning of “UK-derived amount” and “UK sales”]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[608F  Meaning of “UK-derived amount” and “UK sales”]

[(1)     For the purposes of this Chapter an amount is a “UK-derived amount” if—

(a)     it is an amount (whether of a revenue or capital nature) in respect of the enjoyment or exercise of rights that constitute any intangible property, and

(b)     the enjoyment or exercise of those rights (or of any rights

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