xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
Modifications etc. (not altering text)
C1Pt. 3 modified (1.1.2010) by Northern Rock plc (Tax Consequences) Regulations 2009 (S.I. 2009/3227), regs. 1, 4(1)
In calculating the profits of a trade, a deduction is allowed for expenses incurred—
(a)in obtaining for the purposes of the trade the grant of a patent or the extension of a patent's term, or
(b)in connection with a rejected or abandoned application for a patent made for the purposes of the trade.
In calculating the profits of a trade, a deduction is allowed for expenses incurred in obtaining for the purposes of the trade—
(a)the registration of a design or trade mark,
(b)the extension of a period for which the right in a registered design subsists, or
(c)the renewal of registration of a trade mark.