Commission Regulation (EU) No 632/2010 of 19 July 2010 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) 24 and International Financial Reporting Standard (IFRS) 8 (Text with EEA relevance) (revoked)

EU Regulation No 632/2010 · Adopted 19 July 2010 · Extends to United Kingdom

Contents

1. 1Article 1 Repealed
2. 2Article 2 Repealed
3. 3Article 3 Repealed
4. Signature
5. Annex: INTERNATIONAL ACCOUNTING STANDARDS Repealed
6. Division Repealed
7. International Accounting Standard 24Related Party Disclosures Repealed
8. OBJECTIVE Repealed
9. 1Division 1 Repealed
10. SCOPE Repealed
11. 2This Standard shall be applied in: Repealed
12. 3Division 3 Repealed
13. 4Division 4 Repealed
14. PURPOSE OF RELATED PARTY DISCLOSURES Repealed
15. 5Division 5 Repealed
16. 6Division 6 Repealed
17. 7Division 7 Repealed
18. 8Division 8 Repealed
19. DEFINITIONS Repealed
20. 9The following terms are used in this Standard with the meanings specified: Repealed
21. 10Division 10 Repealed
22. 11In the context of this Standard, the following are not related parties: Repealed
23. 12Division 12 Repealed
24. DISCLOSURES Repealed
25. All entities Repealed
26. 13Division 13 Repealed
27. 14Division 14 Repealed
28. 15Division 15 Repealed
29. 16Division 16 Repealed
30. 17An entity shall disclose key management personnel compensation in total and for each of the following categories: Repealed
31. 18If an entity has had related party transactions during the periods covered by the financial statements, it shall disclose the nature of the related party relationship as well as information about those transactions and outstanding balances, including commitments, necessary for users to understand the potential effect of the relationship on the financial statements. These disclosure requirements are in addition to those in paragraph 17. At a minimum, disclosures shall include: Repealed
32. 19The disclosures required by paragraph 18 shall be made separately for each of the following categories: Repealed
33. 20Division 20 Repealed
34. 21The following are examples of transactions that are disclosed if they are with a related party: Repealed
35. 22Division 22 Repealed
36. 23Division 23 Repealed
37. 24Division 24 Repealed
38. Government-related entities Repealed
39. 25A reporting entity is exempt from the disclosure requirements of paragraph 18 in relation to related party transactions and outstanding balances, including commitments, with: Repealed
40. 26If a reporting entity applies the exemption in paragraph 25, it shall disclose the following about the transactions and related outstanding balances referred to in paragraph 25: Repealed
41. 27In using its judgement to determine the level of detail to be disclosed in accordance with the requirements in paragraph 26(b), the reporting entity shall consider the closeness of the related party relationship and other factors relevant in establishing the level of significance of the transaction such as whether it is: Repealed
42. EFFECTIVE DATE AND TRANSITION Repealed
43. 28Division 28 Repealed
44. WITHDRAWAL OF IAS 24 (2003) Repealed
45. 29Division 29 Repealed
46. Amendment to IFRS 8 Operating Segments Repealed