Document ID: chunk:federal_register_of_legislation:F2023C00180:reg:20:p7
Version: federal_register_of_legislation:F2023C00180
Segment Type: reg
Provision Reference: reg 20 (pt 7/17)
Character Range: 219788–222785

2023  see (f) below
AASB 2022-9  15 Dec 2022  F2023L00015     30 June 2026        (beginning) 1 Jul 2026  not compiled*

   * 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 2023 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 2017.
   (c)           AASB 2016-7 deferred the effective date of AASB 15 (and its consequential amendments in AASB 2014-5) for not-for-profit entities to annual reporting periods beginning on or after 1 January 2019, instead of 1 January 2018.  However, earlier application of AASB 136 (2015) incorporating the text that relates to AASB 15 is permitted, provided that AASB 15 is also applied.
   (d)           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.)
   (e)           Entities may elect to apply this Standard to annual periods beginning before 1 July 2021.
   (f)            Entities may elect to apply this Standard to annual periods beginning before 1 January 2023.

Table of amendments
Paragraph affected  How affected  By … [paragraph/page]
 2                  amended       AASB 17 [page 80]
 Aus2.1             added         AASB 2022-8 [page 12]
 Aus5.1             added         AASB 2016-4 [7]
 Aus6.1             deleted       AASB 2016-4 [4]
 Aus6.2             amended       AASB 2016-4 [5]
 Aus32.1-Aus32.2    deleted       AASB 2016-4 [6]
 140N               added         AASB 17 [page 80]
 Aus141.1           repealed      Legislation Act 2003, s. 48D
 Appendix E         replaced      AASB 1060 [page 65]

Deleted IAS 36 text
Deleted IAS 36 text is not part of AASB 136.
139 An entity shall apply this Standard:
(a) to goodwill and intangible assets acquired in business combinations for which the agreement date is on or after 31 March 2004; and
(b) to all other assets prospectively from the beginning of the first annual period beginning on or after 31 March 2004.
140 Entities to which paragraph 139 applies are encouraged to apply the requirements of this Standard before the effective dates specified in paragraph 139. However, if an entity applies this Standard before those effective dates, it also shall apply IFRS 3 and IAS 38 (as revised in 2004) at the same time.
140A IAS 1 Presentation of Financial Statements (as revised in 2007) amended the terminology used throughout IFRSs. In