http://www.legislation.gov.uk/ukpga/2010/33/section/13Finance (No. 3) Act 2010An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.texttext/xmlenStatute Law Database2024-05-30Expert Participation2024-04-06 Part 1 131Part 13 of CTA 2009 (additional relief for expenditure on research and development) is amended as follows.2In section 1052 (qualifying expenditure on in-house direct R&D)—ain subsection (1), for “conditions A to E” substitute “ conditions A, B, D and E ”, andbomit subsection (4) (condition C: intellectual property created as result of research and development to which expenditure is attributable to be vested in company).3In section 1053 (qualifying expenditure on contracted out R&D)—ain subsection (1)(b), for “conditions A to D” substitute “ conditions A, C and D ”, andbomit subsection (3) (condition B: same intellectual property condition).4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6Omit section 1139 (meaning of “intellectual property”).7In Schedule 4 to CTA 2009 (index of defined expressions), omit the entry relating to “intellectual property (in Part 13)”.8The amendments made by this section have effect in relation to expenditure incurred by a company in an accounting period ending on or after 9 December 2009.S. 13(4)(5) omitted (with effect in accordance with Sch. 15 para. 28 29 of the commencing Act) by virtue of Finance Act 2013 (c. 29), Sch. 15 para. 25