{
  "url": "https://openlegislation.uk/eu-regulation-2008-1262",
  "json_url": "https://openlegislation.uk/eu-regulation-2008-1262.json",
  "id": "eur/2008/1262",
  "title": "Commission Regulation (EC) No 1262/2008 of 16 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 Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 13 (Text with EEA relevance) (revoked)",
  "short_title": "Regulation (EC) No 1262/2008 amending Regulation (EC) No 1126/2008 adopting certain international accounting…",
  "long_title": "Commission Regulation (EC) No 1262/2008 of 16 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 Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 13 (Text with EEA relevance)",
  "citation": "EU Regulation No 1262/2008",
  "type": "eur",
  "year": "2008",
  "number": "1262",
  "version": "current",
  "date": "2008-12-16",
  "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-2008-1262/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-2008-1262/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      "status": "repealed",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-2008-1262/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      "status": "repealed",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-2008-1262/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      "status": "repealed",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-2008-1262/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-2008-1262/annex-annotation/1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex"
    },
    {
      "path": "annex/division/2",
      "kind": "division",
      "number": null,
      "heading": "IFRIC INTERPRETATION 13",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex"
    },
    {
      "path": "annex/division/2/division/1",
      "kind": "division",
      "number": null,
      "heading": "Customer Loyalty Programmes",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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": "REFERENCES",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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/2",
      "kind": "division",
      "number": null,
      "heading": "BACKGROUND",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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/1",
      "kind": "division",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-2/division-1",
      "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/2",
      "kind": "division",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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/3",
      "kind": "division",
      "number": null,
      "heading": "SCOPE",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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/3",
      "kind": "division",
      "number": "3",
      "heading": "This Interpretation applies to customer loyalty award credits that:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-3/division-3",
      "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": "ISSUES",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/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/4",
      "kind": "division",
      "number": "4",
      "heading": "The issues addressed in this Interpretation are:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-4/division-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/4"
    },
    {
      "path": "annex/division/2/division/1/division/5",
      "kind": "division",
      "number": null,
      "heading": "CONSENSUS",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/5/division/5",
      "kind": "division",
      "number": "5",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5/division-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/5"
    },
    {
      "path": "annex/division/2/division/1/division/5/division/6",
      "kind": "division",
      "number": "6",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5/division-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/5"
    },
    {
      "path": "annex/division/2/division/1/division/5/division/7",
      "kind": "division",
      "number": "7",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5/division-7",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/5"
    },
    {
      "path": "annex/division/2/division/1/division/5/division/8",
      "kind": "division",
      "number": "8",
      "heading": "If a third party supplies the awards, the entity shall assess whether it is collecting the consideration allocated to the award credits on its own account (ie as the principal in the transaction) or on behalf of the third party (ie as an agent for the third party).",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5/division-8",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/5"
    },
    {
      "path": "annex/division/2/division/1/division/5/division/9",
      "kind": "division",
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      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-5/division-9",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/5"
    },
    {
      "path": "annex/division/2/division/1/division/6",
      "kind": "division",
      "number": null,
      "heading": "EFFECTIVE DATE AND TRANSITION",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1"
    },
    {
      "path": "annex/division/2/division/1/division/6/division/10",
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      "number": "10",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-6/division-10",
      "extent": "E+W+S+N.I.",
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      "path": "annex/division/2/division/1/division/6/division/11",
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      "number": "11",
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      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-2/division-1/division-6/division-11",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/2/division/1/division/6"
    },
    {
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      "heading": "Application guidance",
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      "extent": "E+W+S+N.I.",
      "status": "repealed",
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    {
      "path": "annex/division/Appendix/division/1",
      "kind": "division",
      "number": null,
      "heading": "Measuring the fair value of award credits",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-Appendix/division-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/Appendix"
    },
    {
      "path": "annex/division/Appendix/division/1/division/AG1",
      "kind": "division",
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      "parent": "annex/division/Appendix/division/1"
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    {
      "path": "annex/division/Appendix/division/1/division/AG2",
      "kind": "division",
      "number": "AG2",
      "heading": "An entity may estimate the fair value of award credits by reference to the fair value of the awards for which they could be redeemed. The fair value of these awards would be reduced to take into account:",
      "url": "https://openlegislation.uk/eu-regulation-2008-1262/annex/division-Appendix/division-1/division-AG2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/Appendix/division/1"
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      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/division/Appendix/division/1"
    }
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2008/1262",
    "retrieved_at": "2026-11-01T14:51:48.344057+00:00"
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  "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."
}