72‑40 Creditable acquisitions without co72‑40 Creditable acquisitions without consideration

72‑40 Creditable acquisitions without consideration

(1) The fact that an acquisition from your *associate is without *consideration does not stop the acquisition being a *creditable acquisition if you acquire the thing supplied otherwise than solely for a *creditable purpose. (2) This section has effect despite paragraph 11‑5(c) (which would otherwise require a creditable acquisition to be for consideration). (3) However, this section does not apply to any acquisition that is constituted by an insurer settling a claim under an *insurance policy or by an *operator settling a claim under a *compulsory third party scheme.