{
  "url": "https://openlegislation.uk/eu-regulation-2005-1751/annex/division-International/division-1/division-2/division-3",
  "json_url": "https://openlegislation.uk/eu-regulation-2005-1751/annex/division-International/division-1/division-2/division-3.json",
  "legislation": "eur/2005/1751",
  "legislation_title": "Commission Regulation (EC) No 1751/2005 of 25 October 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 IFRS 1, IAS 39 and SIC 12 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2005-1751",
  "path": "annex/division/International/division/1/division/2/division/3",
  "kind": "division",
  "number": "3",
  "heading": null,
  "text": "Furthermore, IAS 32 requires treasury shares to be deducted from equity. When IFRS 2 becomes effective, it will amend IAS 32 to state that paragraphs 33 and 34 of IAS 32 (relating to treasury shares) shall be applied to treasury shares purchased, sold, issued or cancelled in connection with employee share option plans, employee share purchase plans, and all other share-based payment arrangements.",
  "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/2005/1751/annex/division/International/division/1/division/2/division/3",
    "retrieved_at": "2026-11-01T14:54:11.657804+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."
}