Document ID: chunk:federal_register_of_legislation:F2023C00381:reg:11
Version: federal_register_of_legislation:F2023C00381
Segment Type: reg
Provision Reference: reg 11
Character Range: 10391–11038

11                    AASB 1004 Contributions applies to general purpose financial statements of local governments, government departments, other government controlled not-for-profit entities and whole of governments.
11A AASB 1023 General Insurance Contracts applies to:
(a) general purpose financial statements of each public sector reporting entity; and
(b) financial statements of each public sector entity that are, or are held out to be, general purpose financial statements;
     in respect of annual periods beginning before 1 July 2026. However, a public sector entity may elect to apply AASB 17 Insurance Contracts instead of AASB 1023.