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Commission Regulation (EC) No 460/2009 of 4 June 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 16 (Text with EEA relevance) (revoked)

EU Regulation No 460/2009 · Adopted 4 June 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 460/2009

of 4 June 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 16

(Text with EEA relevance) (revoked)

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Annotations to the whole text

Textual amendments

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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. 11 (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  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed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 Annex Repealed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 Division Repealed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 IFRIC INTERPRETATION 16Hedges of a Net Investment in a Foreign Operation Repealed
  8. REFERENCES Repealed
  9. BACKGROUND Repealed
  10. 1Division 1 Repealed
  11. 2Division 2 Repealed
  12. 3Division 3 Repealed
  13. 4Division 4 Repealed
  14. 5Division 5 Repealed
  15. 6Division 6 Repealed
  16. SCOPE Repealed
  17. 7Division 7 Repealed
  18. 8Division 8 Repealed
  19. ISSUES Repealed
  20. 9Investments in foreign operations may be held directly by a parent entity or indirectly by its subsidiary or subsidiaries. The issues addressed in this Interpretation are: Repealed
  21. CONSENSUS Repealed
  22. Nature of the hedged risk and amount of the hedged item for which a hedging relationship may be designated Repealed
  23. 10Division 10 Repealed
  24. 11Division 11 Repealed
  25. 12Division 12 Repealed
  26. 13Division 13 Repealed
  27. Where the hedging instrument can be held Repealed
  28. 14Division 14 Repealed
  29. 15Division 15 Repealed
  30. Disposal of a hedged foreign operation Repealed
  31. 16Division 16 Repealed
  32. 17Division 17 Repealed
  33. EFFECTIVE DATE Repealed
  34. 18Division 18 Repealed
  35. TRANSITION Repealed
  36. 19Division 19 Repealed
  37. Application guidance Repealed

1F1

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2F1

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3F1

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Signature

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IFRIC INTERPRETATION 16Hedges of a Net Investment in a Foreign OperationF1

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REFERENCESF1

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BACKGROUNDF1

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1F1

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2F1

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3F1

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4F1

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5F1

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6F1

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SCOPEF1

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7F1

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8F1

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ISSUESF1

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9Investments in foreign operations may be held directly by a parent entity or indirectly by its subsidiary or subsidiaries. The issues addressed in this Interpretation are:F1

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CONSENSUSF1

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Nature of the hedged risk and amount of the hedged item for which a hedging relationship may be designatedF1

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10F1

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11F1

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12F1

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13F1

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Where the hedging instrument can be heldF1

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14F1

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15F1

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Disposal of a hedged foreign operationF1

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16F1

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17F1

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EFFECTIVE DATEF1

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18F1

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TRANSITIONF1

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19F1

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Application guidanceF1

This appendix is an integral part of the Interpretation.

AG1

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Nature of hedged risk for which a hedging relationship may be designated (paragraphs 10-13)

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AG2

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Amount of hedged item for which a hedging relationship may be designated (paragraphs 10-13)

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AG3

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AG4

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AG5

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AG6

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Where in a group can the hedging instrument be held (paragraphs 14 and 15)?

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AG7

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Amounts reclassified to profit or loss on disposal of a foreign operation (paragraphs 16 and 17)

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AG8

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Hedging more than one foreign operation (paragraphs 11, 13 and 15)

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AG9

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Parent holds both USD and GBP hedging instruments

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AG10

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AG11

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AG12

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Subsidiary B holds the USD hedging instrument

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AG13

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AG14

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AG15

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