{
  "url": "https://openlegislation.uk/eu-regulation-2006-1329/annex/division-IFRIC/division-2/division-5",
  "json_url": "https://openlegislation.uk/eu-regulation-2006-1329/annex/division-IFRIC/division-2/division-5.json",
  "legislation": "eur/2006/1329",
  "legislation_title": "Commission Regulation (EC) No 1329/2006 of 8 September 2006 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 the International Financial Reporting Interpretations Committee's (IFRIC's) Interpretations 8 and 9 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2006-1329",
  "path": "annex/division/IFRIC/division/2/division/5",
  "kind": "division",
  "number": "5",
  "heading": null,
  "text": "It should be noted that the phrase ‘the fair value of the share-based payment’ refers to the fair value of the particular share-based payment concerned. For example, an entity might be required by government legislation to issue some portion of its shares to nationals of a particular country, which may be transferred only to other nationals of that country. Such a transfer restriction may affect the fair value of the shares concerned, and therefore those shares may have a fair value that is less than the fair value of otherwise identical shares that do not carry such restrictions. In this situation, if the question in paragraph 4 were to arise in the context of the restricted shares, the phrase ‘the fair value of the share-based payment’ would refer to the fair value of the restricted shares, not the fair value of other, unrestricted shares.",
  "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/2006/1329/annex/division/IFRIC/division/2/division/5",
    "retrieved_at": "2026-11-01T14:53:30.802483+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."
}