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Division Designation of Non-Financial Items as Hedged Items

United Kingdom

Original text. Later amendments are not shown.

  1. 82..

    If the hedged item is a non-financial asset or non-financial liability, it shall be designated as a hedged item (a) for foreign currency risks, or (b) in its entirety for all risks, because of the difficulty of isolating and measuring the appropriate portion of the cash flows or fair value changes attributable to specific risks other than foreign currency risks.