Document ID: chunk:federal_register_of_legislation:F2024L00075:reg:18
Version: federal_register_of_legislation:F2024L00075
Segment Type: reg
Provision Reference: reg 18
Character Range: 15022–15935

18                    An asset relating to an employer-sponsor receivable shall be recognised to the extent there is a difference between a defined benefit member liability and the fair value of assets available to meet that liability that meets the definition and recognition criteria for an asset in the Conceptual Framework for Financial Reporting (as identified in AASB 1048 Interpretation of Standards).
          AusCF18 Notwithstanding paragraph 18, in respect of AusCF entities, an asset relating to an employer-sponsor receivable shall be recognised to the extent there is a difference between a defined benefit member liability and the fair value of assets available to meet that liability that meets the definition and recognition criteria for an asset in the Framework for the Preparation and Presentation of Financial Statements (as identified in AASB 1048 Interpretation of Standards).

Measurement