{
  "url": "https://openlegislation.uk/eu-regulation-2005-1073/annex/division-IFRIC/division-5/division-11",
  "json_url": "https://openlegislation.uk/eu-regulation-2005-1073/annex/division-IFRIC/division-5/division-11.json",
  "legislation": "eur/2005/1073",
  "legislation_title": "Commission Regulation (EC) No 1073/2005 of 7 July 2005 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council, as regards IFRIC 2 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2005-1073",
  "path": "annex/division/IFRIC/division/5/division/11",
  "kind": "division",
  "number": "11",
  "heading": null,
  "text": "As required by paragraph 35 of IAS 32, distributions to holders of equity instruments are recognised directly in equity, net of any income tax benefits. Interest, dividends and other returns relating to financial instruments classified as financial liabilities are expenses, regardless of whether those amounts paid are legally characterised as dividends, interest or otherwise.",
  "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/2005/1073/annex/division/IFRIC/division/5/division/11",
    "retrieved_at": "2026-11-01T14:54:30.077328+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."
}