Document ID: chunk:federal_register_of_legislation:F2021C00954:body:0:p4
Version: federal_register_of_legislation:F2021C00954
Segment Type: other
Provision Reference: 
Character Range: 8514–11346

which AASB 119 Employee Benefits applies.
(b) an entity's separate financial statements to which AASB 127 Separate Financial Statements applies. However:
(i) if an entity has interests in unconsolidated structured entities and prepares separate financial statements as its only financial statements, it shall apply the requirements in paragraphs 24–31 when preparing those separate financial statements.
(ii) an investment entity that prepares financial statements in which all of its subsidiaries are measured at fair value through profit or loss in accordance with paragraph 31 of AASB 10 shall present the disclosures relating to investment entities required by this Standard.
(c) an interest held by an entity that participates in, but does not have joint control of, a joint arrangement unless that interest results in significant influence over the arrangement or is an interest in a structured entity.
(d) an interest in another entity that is accounted for in accordance with AASB 9 Financial Instruments. However, an entity shall apply this Standard:
(i) when that interest is an interest in an associate or a joint venture that, in accordance with AASB 128 Investments in Associates and Joint Ventures, is measured at fair value through profit or loss; or
(ii) when that interest is an interest in an unconsolidated structured entity.

Significant judgements and assumptions
7 An entity shall disclose information about significant judgements and assumptions it has made (and changes to those judgements and assumptions) in determining:
(a) that it has control of another entity, ie an investee as described in paragraphs 5 and 6 of AASB 10 Consolidated Financial Statements;
(b) that it has joint control of an arrangement or significant influence over another entity; and
(c) the type of joint arrangement (ie joint operation or joint venture) when the arrangement has been structured through a separate vehicle.
8 The significant judgements and assumptions disclosed in accordance with paragraph 7 include those made by the entity when changes in facts and circumstances are such that the conclusion about whether it has control, joint control or significant influence changes during the reporting period.
9 To comply with paragraph 7, an entity shall disclose, for example, significant judgements and assumptions made in determining that:
(a) it does not control another entity even though it holds more than half of the voting rights of the other entity.
(b) it controls another entity even though it holds less than half of the voting rights of the other entity.
(c) it is an agent or a principal (see paragraphs B58–B72 of AASB 10).
(d) it does not have significant influence even though it holds 20 per cent or more of the voting rights of another entity.
(e) it has significant influence even though it holds less