OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

The Annex to Regulation (EC) No 1725/2003 is amended as follows:

  1. 1..

    International Financial Reporting Standard (IFRS) 2 Share-based Payment is inserted in the Annex to Regulation (EC) No 1725/2003;

  2. 2..

    the adoption of IFRS 2 implies, by way of consequence, amendments to IFRS 1, to International Accounting Standards (IASs) No 12, 16, 19, 32, 33, 38 and 39 in order to ensure consistency between international accounting standards;

  3. 3..

    the text for insertion is set out in the Annex to this Regulation