Related Commentary  Related HMRC Manuals

357GC(1)  This section applies for the purposes of this Part.

357GC(2)  A “cost-sharing arrangement” is an arrangement under which–

(a)each of the parties to the arrangement is required to contribute to the cost of, or undertake activities for the purpose of, creating or developing an item or process,

(b)each of those parties–

(i)is entitled to a share of any income attributable to the item or process, or

(ii)has one or more rights in respect of the item or process, and

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