{
  "url": "https://openlegislation.uk/eu-regulation-2004-2086/annex-4/division-9",
  "json_url": "https://openlegislation.uk/eu-regulation-2004-2086/annex-4/division-9.json",
  "legislation": "eur/2004/2086",
  "legislation_title": "Commission Regulation (EC) No 2086/2004 of 19 November 2004 amending Regulation (EC) No 1725/2003 on the adoption of certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards the insertion of IAS 39 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2004-2086",
  "path": "annex/4/division/9",
  "kind": "division",
  "number": null,
  "heading": "Amendments to IAS 37",
  "text": "B8. IAS 37 Provisions, Contingent Liabilities and Contingent Assets is amended as described below.\nParagraphs 1 and 2 are amended to read as follows:\n1.. This Standard shall be applied by all entities in accounting for provisions, contingent liabilities and contingent assets, except:\n(a) those resulting from executory contracts, except where the contract is onerous;\n(b) those arising in insurance entities from contracts with policyholders;\nand\n(c) those covered by another Standard.\n2.. This Standard does not apply to financial instruments (including guarantees) that are within the scope of IAS 39 Financial Instruments: Recognition and Measurement. For financial guarantees excluded from the scope of IAS 39, this Standard applies as set out in paragraph 2(f) of IAS 39.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2004/2086/annex/4/division/9",
    "retrieved_at": "2026-11-01T14:55:04.811990+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}