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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) in Northern Ireland

EU Regulation No 1142/2009 · Adopted 26 November 2009 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

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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Annotations to the whole text

Textual amendments

F1

Regulation revoked (31.12.2020) by The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/685), reg. 1(2), Sch. 2 para. 18 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)

Contents

  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed
  4. Signature
  5. Annex Repealed
  6. Division Repealed
  7. IFRIC INTERPRETATION 17Distributions of Non-cash Assets to Owners Repealed
  8. REFERENCES Repealed
  9. BACKGROUND Repealed
  10. 1Division 1 Repealed
  11. 2Division 2 Repealed
  12. SCOPE Repealed
  13. 3This Interpretation applies to the following types of non-reciprocal distributions of assets by an entity to its owners acting in their capacity as owners: Repealed
  14. 4Division 4 Repealed
  15. 5Division 5 Repealed
  16. 6Division 6 Repealed
  17. 7Division 7 Repealed
  18. 8Division 8 Repealed
  19. ISSUES Repealed
  20. 9When 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 Consequently, this Interpretation addresses the following issues: Repealed
  21. CONSENSUS Repealed
  22. When to recognise a dividend payable Repealed
  23. 10The 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: Repealed
  24. Measurement of a dividend payable Repealed
  25. 11Division 11 Repealed
  26. 12Division 12 Repealed
  27. 13Division 13 Repealed
  28. 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 Repealed
  29. 14Division 14 Repealed
  30. Presentation and disclosures Repealed
  31. 15Division 15 Repealed
  32. 16An entity shall disclose the following information, if applicable: Repealed
  33. 17If, 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: Repealed
  34. EFFECTIVE DATE Repealed
  35. 18Division 18 Repealed
  36. Appendix Repealed

1F1

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2F1

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3F1

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Signature

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IFRIC INTERPRETATION 17Distributions of Non-cash Assets to OwnersF1

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REFERENCESF1

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BACKGROUNDF1

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1F1

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2F1

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SCOPEF1

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3This Interpretation applies to the following types of non-reciprocal distributions of assets by an entity to its owners acting in their capacity as owners:F1

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4F1

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5F1

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7F1

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8F1

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ISSUESF1

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9When 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:F1

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CONSENSUSF1

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When to recognise a dividend payableF1

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10The 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:F1

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Measurement of a dividend payableF1

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11F1

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12F1

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13F1

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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 payableF1

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14F1

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Presentation and disclosuresF1

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15F1

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16An entity shall disclose the following information, if applicable:F1

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17If, 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:F1

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EFFECTIVE DATEF1

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18F1

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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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