Document ID: chunk:federal_register_of_legislation:F2024C00047:reg:44jj:p20
Version: federal_register_of_legislation:F2024C00047
Segment Type: reg
Provision Reference: reg 44JJ (pt 20/23)
Character Range: 140245–143649

2022-7  15 Dec 2022  F2023L00018     31 Dec 2022         (beginning) 1 Jan 2023  see (h) below
AASB 2022-8  15 Dec 2022  F2023L00014     31 Dec 2022         (beginning) 1 Jan 2023  see (h) below
AASB 2022-9  15 Dec 2022  F2023L00015     30 Jun 2026         (beginning) 1 Jul 2026  not compiled*
AASB 2023-1  22 Jun 2023  F2023L00953     31 Dec 2023         (beginning) 1 Jan 2024  see (j) below

* The amendments made by this Standard are not included in this compilation, which presents the principal Standard as applicable to annual periods beginning on or after 1 January 2024 but before 1 July 2026.

   (a) Entities may elect to apply this Standard to annual periods beginning after 24 July 2014 but before 1 January 2018.

   (b) Entities may elect to apply this Standard to annual periods beginning before 1 January 2019, provided that AASB 15 Revenue from Contracts with Customers is also applied.

(c) Entities may elect to apply this Standard to annual periods beginning before 1 January 2023, provided that AASB 9 Financial Instruments is also applied on or before the date of initial application of AASB 17. (AASB 17 was amended prior to its mandatory application by various amending Standards, including AASB 2022-8 Amendments to Australian Accounting Standards – Insurance Contracts: Consequential Amendments, made by the AASB on 15 December 2022.)

(d) Entities may elect to apply this Standard to annual periods beginning before 1 January 2018.

(e) Entities may elect to apply this Standard to annual periods beginning before 1 January 2020.

(f) Entities may elect to apply this Standard to annual periods beginning before 1 July 2021.

(g) Entities may elect to apply this Standard to annual periods beginning before 1 January 2021.

(h) Entities may elect to apply this Standard to annual periods beginning before 1 January 2023.

(i) Entities may elect to apply this Standard to annual periods beginning before 1 January 2022.

(j) Entities may elect to apply this Standard to annual periods beginning before 1 January 2024.

Table of amendments
Paragraph affected      How affected             By … [paragraph/page]
 AusCF1                 added                    AASB 2019-1 [page 10]
 3                      amended                  AASB 17 [page 72]
 Aus3.1                 added                    AASB 2022-8 [page 8]
 8                      amended                  AASB 17 [page 72]
 21                     amended                  AASB 2021-2 [page 10]
 24H (and heading)      added                    AASB 2019-3 [page 10]
 24I-24J (and heading)  added                    AASB 2020-8 [page 6]
 29                     amended                  AASB 16 [page 42]
                        amended                  AASB 17 [page 73]
 30                     deleted                  AASB 17 [page 73]
 Aus29.1                added                    AASB 2022-8 [page 8]
 36                     amended                  AASB 2022-7 [5]
 44CC                   added                    AASB 16 [page 42]
 44DD                   added                    AASB 17 [page 73]
 44DE-44DF              added                    AASB 2019-3 [page 10]
                        renumbered as 44EE-44FF  AASB 2021-7 [21]
 44GG-44HH              added                    AASB 2020-8 [page 7]
 44II                   added                    AASB 2021-2 [page 10]
 44JJ                   added