Document ID: chunk:federal_register_of_legislation:F2023C00399:body:0:p188
Version: federal_register_of_legislation:F2023C00399
Segment Type: other
Provision Reference: 
Character Range: 510924–513900

the taxable event, which may be several reporting periods after the taxable event.
C8 It is unlikely that taxes or fines will qualify as assets of the government agency or department responsible for their collection.  This is because the government agency or department responsible for collecting taxes or fines does not normally control the future economic benefits embodied in tax collections, and the taxes and fines are controlled at a whole of government level.

Compilation details
Accounting Standard AASB 9 Financial Instruments (as amended)
Compilation details are not part of AASB 9.
This compiled Standard applies to annual periods beginning on or after 1 January 2023 but before 1 July 2026.  It takes into account amendments up to and including 15 December 2022 and was prepared on 6 April 2023 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB.  Instead, it is a representation of AASB 9 (December 2014) as amended by other Accounting Standards, which are listed in the table below.

Table of Standards
Standard     Date made    FRL identifier  Commence-ment date  Effective date          Application, saving or transitional provisions
                                                              (annual periods
                                                              … on or after …)
AASB 9       17 Dec 2014  F2015L00145     17 Dec 2014         (beginning) 1 Jan 2018  see (a) below
AASB 16      23 Feb 2016  F2016L00233     31 Dec 2018         (beginning) 1 Jan 2019  see (b) below
AASB 2016-8  9 Dec 2016   F2017L00044     31 Dec 2018         (beginning) 1 Jan 2019  see (c) below
AASB 17      19 Jul 2017  F2017L01184     31 Dec 2022         (beginning) 1 Jan 2023  see (d) below
AASB 2017-6  12 Dec 2017  F2018L00063     31 Dec 2018         (beginning) 1 Jan 2019  see (e) below
AASB 2019-1  21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020  see (f) below
AASB 2019-3  14 Oct 2019  F2019L01442     31 Dec 2019         (beginning) 1 Jan 2020  see (f) below
AASB 2020-3  15 Jun 2020  F2020L00876     31 Dec 2021         (beginning) 1 Jan 2022  see (g) below
AASB 2020-8  17 Sep 2020  F2020L01241     31 Dec 2020         (beginning) 1 Jan 2021  see (h) below
AASB 2021-7  20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022  see (g) below
AASB 2022-8  15 Dec 2022  F2023L00014     31 Dec 2022         (beginning) 1 Jan 2023  see (i) below
AASB 2022-9  15 Dec 2022  F2023L00015     30 Jun 2026         (beginning) 1 Jul 2026  not compiled*

   * The amendments made by this Standard are not included in this compilation, which presents the principal Standard as applicable to annual periods beginning on or after 1 January 2023 but before 1 July 2026.

   (a)           Entities may elect to apply this Standard to periods beginning after 24 July 2014 but before 1 January 2018.

   (b)           Entities may elect to