Document ID: chunk:federal_register_of_legislation:F2023L00015:reg:17
Version: federal_register_of_legislation:F2023L00015
Segment Type: reg
Provision Reference: reg 17
Character Range: 30851–31480

17                    AASB 17 applies to all entities for annual periods beginning on or after 1 July 2026, including public sector entities. Therefore, the temporary consequential amendments set out in AASB 2022-8 Amendments to Australian Accounting Standards – Insurance Contracts: Consequential Amendments, which amended various Standards to permit public sector entities to continue applying AASB 4 Insurance Contracts and AASB 1023 General Insurance Contracts to annual periods beginning on or after 1 January 2023 but before 1 July 2026, are no longer required. The following paragraphs reverse or remove those amendments.