Income Tax (Trading and Other Income) Act 2005

146Meaning of “relevant telecommunication right”U.K.

This section has no associated Explanatory Notes

In this Chapter a “relevant telecommunication right” means—

(a)a licence [F1granted under section 8 of the Wireless Telegraphy Act 2006 in accordance with regulations made under section 14 of that Act (bidding for licences),]

(b)an indefeasible right to use a telecommunications cable system, or

(c)a right derived (directly or indirectly) from such a licence or indefeasible right.

Textual Amendments

F1Words in s. 146(a) substituted (8.2.2007) by Wireless Telegraphy Act 2006 (c. 36), s. 123, Sch. 7 para. 37