Document ID: chunk:federal_register_of_legislation:F2021L01883:body:0:p9
Version: federal_register_of_legislation:F2021L01883
Segment Type: other
Provision Reference: 
Character Range: 24407–27892

"[Deleted]" added.

     Amendments to AASB 1058 Income of Not-for-Profit Entities
     47                    Appendix D Amendments to other Standards is deleted.
     48                    In Examples 6–8 of the Illustrative Examples accompanying AASB 1058, the sentence "Each example is considered in isolation." is deleted from the following:

          (a) the third paragraph in both Example 6 and Example 7; and

          (b) the second paragraph in Example 8.

     49                    In Examples 7C and 7D of the Illustrative Examples, all references to "Charity B" are amended to read "Charity C".

     Amendments to AASB 1059 Service Concession Arrangements: Grantors
     50                    Appendix D Amendments to other Standards is deleted.

     Amendments to AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities
     51                    Appendix C Amendments to other Standards is deleted.

     Amendments to various Interpretations
     52                    AASB 1060 added appendices titled Australian simplified disclosures for Tier 2 entities to various Interpretations to identify their disclosure requirements that do not apply to entities preparing general purpose financial statements (Tier 2) in accordance with AASB 1060. The preamble in each of the following appendices stated "This appendix is an integral part of the Standard" and is amended to read "This appendix is an integral part of the Interpretation":

          (a) Appendix B of Interpretation 2 Members' Shares in Co-operative Entities and Similar Instruments;

          (b) Appendix A of Interpretation 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds;

          (c) Appendix A of Interpretation 17 Distributions of Non-cash Assets to Owners;

          (d) Appendix C of Interpretation 23 Uncertainty over Income Tax Treatments; and

          (e) Appendix A of Interpretation 129 Service Concession Arrangements: Disclosures.

     Amendments to Interpretation 16 Hedges of a Net Investment in a Foreign Operation
     53                    In the diagram in paragraph AG2, the functional currency of Subsidiary B of 'USD' (US dollars) is amended to 'GBP' (i.e. pounds sterling).

     Amendments to Interpretation 132 Intangible Assets – Web Site Costs
     54                    Paragraph AusCF1 is amended as follows:

          AusCF1 AusCF paragraphs and footnotes included in this Standard Interpretation apply only to:

               (a) …

     55                    The third paragraph under the 'Effective date' heading is numbered as paragraph Aus10.4.

     Amendments to Interpretation 1052 Tax Consolidation Accounting
     56                    In paragraph 45, the reference to AASB 139 Financial Instruments: Recognition and Measurement is replaced by a reference to AASB 9 Financial Instruments.
     57                    In Appendix A, the preamble "This appendix is an integral part of the Standard" is amended to read "This appendix is an integral part of the Interpretation".
     58                    Below the heading "References", the reference to AASB 139 Financial Instruments: Recognition and Measurement is deleted.

     Amendments to the Conceptual Framework for Financial Reporting
     59                    In the Appendix of defined terms accompanying the Conceptual Framework, the definition of 'material information'