{
  "url": "https://openlegislation.uk/eu-regulation-2006-708/article-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2006-708/article-1.json",
  "legislation": "eur/2006/708",
  "legislation_title": "Commission Regulation (EC) No 708/2006 of 8 May 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 International Accounting Standard (IAS) 21 and International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 7 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2006-708",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "Annex to Regulation (EC) No 1725/2003 is amended as follows:\n1.. International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies, is inserted as set out in the Annex to this Regulation;\n2.. International Accounting Standard (IAS) 21 is amended in accordance with the Amendment to IAS 21 The Effects of Changes in Foreign Exchange Rates — Net Investment in a Foreign Operation, as set out in the Annex to this Regulation.",
  "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/2006/708/article/1",
    "retrieved_at": "2026-10-31T17:57:51.675790+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."
}