Using agencies must submit a purchase requisition to Purchasing for ALL new or replacement capital assets (items funded in the 8201 and 8200…. The election provides for no GST (or HST in the HST provinces) to be payable in respect of the purchase and sale of the assets and reduces the cash.Figure PPE 21 compares asset acquisitions and business combinations. This figure is not intended to address all accounting similarities or differences. "Permitted Non-Core Asset Sales" has the meaning set forth in the Stock Purchase Agreement. In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller. The cost of an asset acquisition may exceed or be less than the fair value of the assets acquired and liabilities assumed.