Document ID: chunk:federal_register_of_legislation:F2023C00381:reg:25:p2
Version: federal_register_of_legislation:F2023C00381
Segment Type: reg
Provision Reference: reg 25 (pt 2/47)
Character Range: 21988–24980

24 Jul 2015  F2015L01620     31 Dec 2015         (beginning) 1 Jan 2016  see (a) below
AASB 2015-9  11 Nov 2015  F2015L01832     31 Dec 2015         (beginning) 1 Jan 2016  see (a) below
AASB 1058    9 Dec 2016   F2017L00042     31 Dec 2018         (beginning) 1 Jan 2019  see (b) below
AASB 17      19 Jul 2017  F2017L01184     31 Dec 2022         (beginning) 1 Jan 2023  see (c) below
AASB 2019-1  21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020  see (d) below
AASB 2020-2  6 Mar 2020   F2020L00271     30 Jun 2021         (beginning) 1 Jul 2021  see (e) below
AASB 1060    6 Mar 2020   F2020L00288     30 Jun 2021         (beginning) 1 Jul 2021  see (e) below
AASB 2021-7  20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022  see (f) below
AASB 2022-4  23 Jun 2022  F2022L01041     29 Jun 2022         (ending) 30 Jun 2022    see (g) 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*

   * 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 before 1 January 2016.

   (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 to the same period.

   (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 2020.

   (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 2022.

   (g) Entities may elect to apply this Standard to annual periods ending before 30 June 2022.

   (h) 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]
 1                  amended       AASB 2019-1 [page 30]
 AusCF1             added         AASB 2019-1 [page 30]
 2                  amended       AASB 2019-1 [page 30]
                    amended       AASB 2020-2 [page 12]
                    amended       AASB 2022-4 [7]
 5                  amended       AASB 2019-1 [page 30]
                    amended