Degrouping: supplementary provisions
64For the purposes of paragraphs 58 to 61 (degrouping)—
(a)two or more companies are associated if, by themselves, they would form a group of companies; and
(b)an asset acquired by a company is treated as the same as an asset owned at a later time by that company or an associated company if the value of the second asset is derived in whole or in part from the first asset.