{
  "url": "https://openlegislation.uk/eu-regulation-2008-1260",
  "json_url": "https://openlegislation.uk/eu-regulation-2008-1260.json",
  "id": "eur/2008/1260",
  "title": "Commission Regulation (EC) No 1260/2008 of 10 December 2008 amending Regulation (EC) No 1126/2008 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) 23 (Text with EEA relevance) (revoked)",
  "short_title": "Regulation (EC) No 1260/2008 amending Regulation (EC) No 1126/2008 adopting certain international accounting…",
  "long_title": "Commission Regulation (EC) No 1260/2008 of 10 December 2008 amending Regulation (EC) No 1126/2008 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) 23 (Text with EEA relevance)",
  "citation": "EU Regulation No 1260/2008",
  "type": "eur",
  "year": "2008",
  "number": "1260",
  "version": "current",
  "date": "2008-12-10",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/article-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/article-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/article-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/signature",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "annex",
      "kind": "annex",
      "number": null,
      "heading": null,
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "annex/annotation/1",
      "kind": "division",
      "number": null,
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex-annotation/1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex"
    },
    {
      "path": "annex/division/2",
      "kind": "division",
      "number": null,
      "heading": "INTERNATIONAL ACCOUNTING STANDARD 23",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex"
    },
    {
      "path": "annex/division/2/division/1",
      "kind": "division",
      "number": null,
      "heading": "Borrowing Costs",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/1/division/1",
      "kind": "division",
      "number": null,
      "heading": "CORE PRINCIPLE",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/1/division/1",
      "kind": "division",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-1/division-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/2",
      "kind": "division",
      "number": null,
      "heading": "SCOPE",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/2/division/2",
      "kind": "division",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-2/division-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/2"
    },
    {
      "path": "annex/division/2/division/1/division/2/division/3",
      "kind": "division",
      "number": "3",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-2/division-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/2"
    },
    {
      "path": "annex/division/2/division/1/division/2/division/4",
      "kind": "division",
      "number": "4",
      "heading": "An entity is not required to apply the Standard to borrowing costs directly attributable to the acquisition, construction or production of:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-2/division-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/2"
    },
    {
      "path": "annex/division/2/division/1/division/3",
      "kind": "division",
      "number": null,
      "heading": "DEFINITIONS",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/3/division/5",
      "kind": "division",
      "number": "5",
      "heading": "This Standard uses the following terms with the meanings specified:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-3/division-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/3"
    },
    {
      "path": "annex/division/2/division/1/division/3/division/6",
      "kind": "division",
      "number": "6",
      "heading": "Borrowing costs may include:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-3/division-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/3"
    },
    {
      "path": "annex/division/2/division/1/division/3/division/7",
      "kind": "division",
      "number": "7",
      "heading": "Depending on the circumstances, any of the following may be qualifying assets:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-3/division-7",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/3"
    },
    {
      "path": "annex/division/2/division/1/division/4",
      "kind": "division",
      "number": null,
      "heading": "RECOGNITION",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/4/division/8",
      "kind": "division",
      "number": "8",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-4/division-8",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/4"
    },
    {
      "path": "annex/division/2/division/1/division/4/division/9",
      "kind": "division",
      "number": "9",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-1/division-4/division-9",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/4"
    },
    {
      "path": "annex/division/2/division/2",
      "kind": "division",
      "number": null,
      "heading": "Borrowing costs eligible for capitalisation",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/10",
      "kind": "division",
      "number": "10",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-10",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/11",
      "kind": "division",
      "number": "11",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-11",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/12",
      "kind": "division",
      "number": "12",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-12",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/13",
      "kind": "division",
      "number": "13",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-13",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/14",
      "kind": "division",
      "number": "14",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-14",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/2/division/15",
      "kind": "division",
      "number": "15",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-2/division-15",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/2"
    },
    {
      "path": "annex/division/2/division/3",
      "kind": "division",
      "number": null,
      "heading": "Excess of the carrying amount of the qualifying asset over recoverable amount",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/3/division/16",
      "kind": "division",
      "number": "16",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-3/division-16",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/3"
    },
    {
      "path": "annex/division/2/division/4",
      "kind": "division",
      "number": null,
      "heading": "Commencement of capitalisation",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/4/division/17",
      "kind": "division",
      "number": "17",
      "heading": "An entity shall begin capitalising borrowing costs as part of the cost of a qualifying asset on the commencement date. The commencement date for capitalisation is the date when the entity first meets all of the following conditions:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-4/division-17",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/4"
    },
    {
      "path": "annex/division/2/division/4/division/18",
      "kind": "division",
      "number": "18",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-4/division-18",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/4"
    },
    {
      "path": "annex/division/2/division/4/division/19",
      "kind": "division",
      "number": "19",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-4/division-19",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/4"
    },
    {
      "path": "annex/division/2/division/5",
      "kind": "division",
      "number": null,
      "heading": "Suspension of capitalisation",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/5/division/20",
      "kind": "division",
      "number": "20",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-5/division-20",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/5"
    },
    {
      "path": "annex/division/2/division/5/division/21",
      "kind": "division",
      "number": "21",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-5/division-21",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/5"
    },
    {
      "path": "annex/division/2/division/6",
      "kind": "division",
      "number": null,
      "heading": "Cessation of capitalisation",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2"
    },
    {
      "path": "annex/division/2/division/6/division/22",
      "kind": "division",
      "number": "22",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-22",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/23",
      "kind": "division",
      "number": "23",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-23",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/24",
      "kind": "division",
      "number": "24",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-24",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/25",
      "kind": "division",
      "number": "25",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-25",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/5",
      "kind": "division",
      "number": null,
      "heading": "DISCLOSURE",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/5/division/26",
      "kind": "division",
      "number": "26",
      "heading": "An entity shall disclose:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-5/division-26",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6/division/5"
    },
    {
      "path": "annex/division/2/division/6/division/6",
      "kind": "division",
      "number": null,
      "heading": "TRANSITIONAL PROVISIONS",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/6/division/27",
      "kind": "division",
      "number": "27",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-6/division-27",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/6/division/28",
      "kind": "division",
      "number": "28",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-6/division-28",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/7",
      "kind": "division",
      "number": null,
      "heading": "EFFECTIVE DATE",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-7",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/7/division/29",
      "kind": "division",
      "number": "29",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-7/division-29",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6/division/7"
    },
    {
      "path": "annex/division/2/division/6/division/8",
      "kind": "division",
      "number": null,
      "heading": "WITHDRAWAL OF IAS 23 (REVISED 1993)",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-8",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6"
    },
    {
      "path": "annex/division/2/division/6/division/8/division/30",
      "kind": "division",
      "number": "30",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-2/division-6/division-8/division-30",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/6/division/8"
    },
    {
      "path": "annex/division/Appendix",
      "kind": "division",
      "number": "Appendix",
      "heading": "Amendments to other pronouncements",
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-Appendix",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex"
    },
    {
      "path": "annex/division/Appendix/division/A1",
      "kind": "division",
      "number": "A1",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1260/annex/division-Appendix/division-A1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/Appendix"
    },
    {
      "path": "annex/division/Appendix/division/A2",
      "kind": "division",
      "number": "A2",
      "heading": null,
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