CAA01/S61 (2) – (5), S62 & S63; FA02/PARA9 (3)(c) & FA02/SCH18

These are the disposal values for the various disposal events in CA23240.

Disposal event Disposal value
Sale of the asset Net proceeds of sale (see CA11540) plus any insurance money received as a result of an event affecting the sale price and any other capital compensation received
Sale of the asset at less than market value Market value unless there is a charge under ITEPA on the buyer or the buyer can claim PMAs or RDAs on the asset and the buyer is not a dual resident investing company connected with the seller
Demolition or destruction of the asset Net amount received for the remains of the asset together with any insurance money received for the demolition or destruction and any other capital compensation
Permanent loss of the asset not by demolition or destruction Any insurance money received for the loss and any other capital compensation
Abandonment of an asset used for mineral exploration and access Any insurance money received for the abandonment and any other capital compensation
Permanent discontinuance of the qualifying activity before an event listed above The disposal value for the event
Commencement of the term of a long funding finance lease CA23850 of an asset The amount which would be recognised as the lessor's net investment in the lease if accounts were prepared in accordance with generally accepted accounting practice on the date on which the lessor's net investment in the lease is first recognised in its books or other financial records
Commencement of the term of a long funding operating lease of an asset
CA23850 For leases commencing before 13 November 2008

The amount which would be recognised as the lessor's net investment in the lease if accounts were prepared in accordance with generally accepted accounting practice on the date on which the lessor's net investment in the lease is first recognised in its books or other financial records

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