Document ID: chunk:federal_register_of_legislation:F2024C00047:reg:44jj:p21
Version: federal_register_of_legislation:F2024C00047
Segment Type: reg
Provision Reference: reg 44JJ (pt 21/23)
Character Range: 143197–146341

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                    AASB 2023-1 [page 6]
 Aus45.1                repealed                 Legislation Act 2003, s. 48D
 B5                     amended                  AASB 2021-2 [page 10]
 B8B                    amended                  AASB 2017-5 [21]
 B11D                   amended                  AASB 16 [page 42]
 B11F                   amended                  AASB 2023-1 [page 7]
 B32                    amended                  AASB 1060 [page 58]
 Appendix D             replaced                 AASB 1060 [page 58]

Deleted IFRS 7 text
Deleted IFRS 7 text is not part of AASB 7.
44 If an entity applies this IFRS for annual periods beginning before 1 January 2006, it need not present comparative information for the disclosures required by paragraphs 31–42 about the nature and extent of risks arising from financial instruments.
44A IAS 1 (as revised in 2007) amended the terminology used throughout IFRSs. In addition it amended paragraphs 20, 21, 23(c) and (d), 27(c) and B5 of Appendix B. An entity shall apply those amendments for annual periods beginning on or after 1 January 2009. If an entity applies IAS 1 (revised 2007) for an earlier period, the amendments shall be applied for that earlier period.
44B IFRS 3 (as revised in 2008) deleted paragraph 3(c). An entity shall apply that amendment for annual periods beginning on or after 1 July 2009. If an entity applies IFRS 3 (revised 2008) for an earlier period, the amendment shall also be applied for that earlier period. However, the amendment does not apply to contingent consideration that arose from a business combination for which the acquisition date preceded the application of IFRS 3 (revised 2008). Instead, an entity shall account for such consideration in accordance with paragraphs 65A–65E of IFRS 3 (as amended in 2010).
44C An entity shall apply the amendment in paragraph 3 for annual periods beginning on or after 1 January 2009. If an entity applies Puttable Financial Instruments and Obligations Arising on Liquidation (Amendments to IAS 32 and IAS 1), issued in February 2008, for an earlier period, the amendment in paragraph 3 shall be applied for that earlier period.
44D Paragraph 3(a) was amended by Improvements to IFRSs issued in May 2008. An entity shall apply that amendment for annual periods beginning on or after 1 January 2009. Earlier application is permitted. If an entity applies the amendment for an earlier period it shall disclose that fact and apply for that earlier period the amendments to paragraph 1 of IAS 28, paragraph 1 of IAS 31 and paragraph 4 of IAS 32 issued in May 2008. An entity is permitted to apply the amendment prospectively.
44G Improving Disclosures