Document ID: chunk:federal_register_of_legislation:F2023C00192:body:0:p26
Version: federal_register_of_legislation:F2023C00192
Segment Type: other
Provision Reference: 
Character Range: 64692–68032

[paragraph/page]
 AusCF1                  added         AASB 2019-1 [page 19]
 4                       deleted       AASB 16 [page 50]
 5                       amended       AASB 16 [page 50]
 6 – Recoverable amount  amended       AASB 2021-7 [31]
 Aus6.2                  amended       AASB 1058 [page 24]
 10                      amended       AASB 16 [page 50]
 Aus15.1                 amended       AASB 1058 [page 23]
 Aus15.2                 deleted       AASB 1058 [page 23]
 Aus15.3                 amended       AASB 1058 [page 23]
 17                      amended       AASB 2020-3 [page 10]
 20A                     added         AASB 2020-3 [page 10]
 27                      deleted       AASB 16 [page 50]
 29A-29B                 added         AASB 17 [page 76]
 44                      amended       AASB 16 [page 50]
 68                      amended       AASB 16 [page 51]
 69                      amended       AASB 16 [page 51]
 74                      amended       AASB 2020-3 [page 10]
 74A                     added         AASB 2020-3 [page 10]
 80D                     added         AASB 2020-3 [page 10]
 81                      amended       AASB 2015-8 [13]
 81L                     added         AASB 16 [page 51]
 81M                     added         AASB 17 [page 77]
 81N                     added         AASB 2020-3 [page 11]
 Aus83.1                 repealed      Legislation Act 2003, s. 48D
 Appendix B              replaced      AASB 1060 [page 62]

Table of amendments to implementation guidance
Paragraph affected  How affected  By … [paragraph/page]
 Preamble           amended       AASB 1058 [page 24]
 G1                 amended       AASB 2022-7 [8]
 G3                 amended       AASB 2016-4 [8]

Deleted IAS 16 text
Deleted IAS 16 text is not part of AASB 116.
80 The requirements of paragraphs 24–26 regarding the initial measurement of an item of property, plant and equipment acquired in an exchange of assets transaction shall be applied prospectively only to future transactions.
81A An entity shall apply the amendments in paragraph 3 for annual periods beginning on or after 1 January 2006. If an entity applies IFRS 6 for an earlier period, those amendments shall be applied for that earlier period.
81B IAS 1 Presentation of Financial Statements (as revised in 2007) amended the terminology used throughout IFRSs. In addition it amended paragraphs 39, 40 and 73(e)(iv). 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.
81C IFRS 3 Business Combinations (as revised in 2008) amended paragraph 44. 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.
81D Paragraphs 6 and 69 were amended and paragraph 68A was added by Improvements to IFRSs issued in May 2008. An entity shall apply those amendments for annual periods beginning on or after 1 January 2009. Earlier application is permitted. If an entity applies the amendments for an earlier period it shall disclose that fact and at the same time apply the related amendments to IAS 7 Statement