# Commission Regulation (EC) No 1142/2009 of 26 November 2009 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 17 (Text with EEA relevance) (revoked)

EU Regulation No 1142/2009 · adopted 26 November 2009

Commission Regulation (EC) No 1142/2009 of 26 November 2009 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 17 (Text with EEA relevance)

PDFs: Printed copy https://openlegislation.uk/eu-regulation-2009-1142/pdf/eur_20091142_adopted_en.pdf

## Introductory text

Commission Regulation (EC) No 1142/2009
of 26 November 2009
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 17
(Text with EEA relevance) (revoked)
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## 1 

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## 2 

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## 3 

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## Signature

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## 

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## IFRIC INTERPRETATION 17 Distributions of Non-cash Assets to Owners

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## REFERENCES

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## BACKGROUND

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## 1 

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## 2 

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## SCOPE

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## 3 This Interpretation applies to the following types of non-reciprocal distributions of assets by an entity to its owners acting in their capacity as owners:

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## 4 

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## 5 

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## 6 

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## 7 

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## 8 

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## ISSUES

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## 9 When an entity declares a distribution and has an obligation to distribute the assets concerned to its owners, it must recognise a liability for the dividend payable. Consequently, this Interpretation addresses the following issues:

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## CONSENSUS

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## When to recognise a dividend payable

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## 10 The liability to pay a dividend shall be recognised when the dividend is appropriately authorised and is no longer at the discretion of the entity, which is the date:

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## Measurement of a dividend payable

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## 11 

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## 12 

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## 13 

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## Accounting for any difference between the carrying amount of the assets distributed and the carrying amount of the dividend payable when an entity settles the dividend payable

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## 14 

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## Presentation and disclosures

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## 15 

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## 16 An entity shall disclose the following information, if applicable:

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## 17 If, after the end of a reporting period but before the financial statements are authorised for issue, an entity declares a dividend to distribute a non-cash asset, it shall disclose:

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## EFFECTIVE DATE

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## 18 

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## 

Amendments to IFRS 5
Non-current Assets Held for Sale and Discontinued Operations
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SCOPE
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5A
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CLASSIFICATION OF NON-CURRENT ASSETS (OR DISPOSAL GROUPS) AS HELD FOR SALE OR AS HELD FOR DISTRIBUTION TO OWNERS
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8
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12A
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MEASUREMENT OF NON-CURRENT ASSETS (OR DISPOSAL GROUPS) CLASSIFIED AS HELD FOR SALE
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15A
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EFFECTIVE DATE
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44D
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Amendment to IAS 10
Events after the Reporting Period
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DIVIDENDS
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13
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Source: https://www.legislation.gov.uk/eur/2009/1142 (the official version)
Page: https://openlegislation.uk/eu-regulation-2009-1142
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.