Document ID: chunk:federal_register_of_legislation:F2021L01883:body:0:p11
Version: federal_register_of_legislation:F2021L01883
Segment Type: other
Provision Reference: 
Character Range: 30606–31377

of insurance contracts.

     69                    In the amendments to AASB 3 Business Combinations in Appendix D, the heading "Insurance contracts" before paragraph 31A is demoted to the same level as the heading "Assets held for sale" before paragraph 31 of AASB 3. This applies to both sets of amendments to AASB 3 as set out in Appendix D, that is, whether or not AASB 17 is applied in conjunction with AASB 16 Leases.
     70                    In the amendments to paragraph 32B of AASB 140 Investment Property in Appendix D, a struck-through full stop is added after the struck-through text "held by the entity".

Commencement of the legislative instrument
     71                    For legal purposes, this legislative instrument commences on 31 December 2021.