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Commission Regulation (EU) No 149/2011 of 18 February 2011 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 Improvements to International Financial Reporting Standards (IFRSs) (Text with EEA relevance) (revoked)

EU Regulation No 149/2011 · Adopted 18 February 2011 · 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 (EU) No 149/2011

of 18 February 2011

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 Improvements to International Financial Reporting Standards (IFRSs)

(Text with EEA relevance) (revoked)

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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. 30 (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  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed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 Annex Repealed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. INTERNATIONAL ACCOUNTING STANDARDSImprovements to International Financial Reporting Standards Repealed
  7. Division Repealed
  8. Improvements to IFRSs Repealed
  9. Amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards Repealed
  10. Division Repealed
  11. PRESENTATION AND DISCLOSURE Repealed
  12. 27Division 27 Repealed
  13. 27ADivision 27A Repealed
  14. Use of deemed cost for operations subject to rate regulation Repealed
  15. 31BDivision 31B Repealed
  16. Interim financial reports Repealed
  17. 32To comply with paragraph 23, if an entity presents an interim financial report in accordance with IAS 34 for part of the period covered by its first IFRS financial statements, the entity shall satisfy the following requirements in addition to the requirements of IAS 34: Repealed
  18. EFFECTIVE DATE Repealed
  19. 39EDivision 39E Repealed
  20. Amendment to Appendix D of IFRS 1 First-time Adoption of International Financial Reporting Standards Repealed
  21. Division Repealed
  22. D1An entity may elect to use one or more of the following exemptions: Repealed
  23. Deemed cost Repealed
  24. D8A first-time adopter may have established a deemed cost in accordance with previous GAAP for some or all of its assets and liabilities by measuring them at their fair value at one particular date because of an event such as a privatisation or initial public offering. Repealed
  25. D8BDivision D8B Repealed
  26. Amendments to IFRS 3 Business Combinations Repealed
  27. Division Repealed
  28. THE ACQUISITION METHOD Repealed
  29. Measurement principle Repealed
  30. 19For each business combination, the acquirer shall measure at the acquisition date components of non-controlling interests in the acquiree that are present ownership interests and entitle their holders to a proportionate share of the entity’s net assets in the event of liquidation at either: Repealed
  31. Exceptions to the recognition or measurement principles Repealed
  32. Exceptions to the measurement principle Repealed
  33. Share-based payment transactions Repealed
  34. 30Division 30 Repealed
  35. EFFECTIVE DATE AND TRANSITION Repealed
  36. Effective date Repealed
  37. 64BDivision 64B Repealed
  38. 64CDivision 64C Repealed
  39. Transition Repealed
  40. 65ADivision 65A Repealed
  41. 65BDivision 65B Repealed
  42. 65CDivision 65C Repealed
  43. 65DDivision 65D Repealed
  44. 65EDivision 65E Repealed
  45. Application guidance Repealed
  46. Division Repealed
  47. DETERMINING WHAT IS PART OF THE BUSINESS COMBINATION TRANSACTION (APPLICATION OF PARAGRAPHS 51 AND 52) Repealed
  48. Acquirer share-based payment awards exchanged for awards held by the acquiree’s employees (application of paragraph 52(b)) Repealed
  49. B56An acquirer may exchange its share-based payment awards (replacement awards) for awards held by employees of the acquiree. Exchanges of share options or other share-based payment awards in conjunction with a business combination are accounted for as modifications of share-based payment awards in accordance with IFRS 2 Share-based Payment. If the acquirer replaces the acquiree awards, either all or a portion of the market-based measure of the acquirer’s replacement awards shall be included in measuring the consideration transferred in the business combination. Paragraphs B57–B62 provide guidance on how to allocate the market-based measure. Repealed
  50. Equity-settled share-based payment transactions of the acquiree Repealed
  51. B62ADivision B62A Repealed
  52. B62BDivision B62B Repealed
  53. Appendix to amendments to IFRS 3Division Appendix to amendments to IFRS 3 Repealed
  54. Division Repealed
  55. Amendments to other IFRSs Repealed
  56. IFRS 7Financial Instruments: Disclosures Repealed
  57. Division Repealed
  58. EFFECTIVE DATE AND TRANSITION Repealed
  59. 44BDivision 44B Repealed
  60. 44KDivision 44K Repealed
  61. IAS 32Financial Instruments: Presentation Repealed
  62. Division Repealed
  63. EFFECTIVE DATE AND TRANSITION Repealed
  64. 97BDivision 97B Repealed
  65. 97GDivision 97G Repealed
  66. Amendments to IFRS 7Financial Instruments: Disclosures Repealed
  67. Division Repealed
  68. NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS Repealed
  69. 32ADivision 32A Repealed
  70. Quantitative disclosures Repealed
  71. 34For each type of risk arising from financial instruments, an entity shall disclose: Repealed
  72. Credit risk Repealed
  73. 36An entity shall disclose by class of financial instrument: Repealed
  74. Financial assets that are either past due or impaired Repealed
  75. 37An entity shall disclose by class of financial asset: Repealed
  76. Collateral and other credit enhancements obtained Repealed
  77. 38When an entity obtains financial or non-financial assets during the period by taking possession of collateral it holds as security or calling on other credit enhancements (eg guarantees), and such assets meet the recognition criteria in other IFRSs, an entity shall disclose for such assets held at the reporting date: Repealed
  78. EFFECTIVE DATE AND TRANSITION Repealed
  79. 44LDivision 44L Repealed
  80. Transition requirements for amendments arising as Consolidated and Separate Financial Statements Repealed
  81. Amendments to IFRSs Repealed
  82. IAS 21The Effects of Changes in Foreign Exchange Rates Repealed
  83. Division Repealed
  84. EFFECTIVE DATE AND TRANSITION Repealed
  85. 60BDivision 60B Repealed
  86. 60DDivision 60D Repealed
  87. Amendments to IAS 34Interim Financial Reporting Repealed
  88. CONTENT OF AN INTERIM FINANCIAL REPORT Repealed
  89. Significant events and transactions Repealed
  90. 15Division 15 Repealed
  91. 15ADivision 15A Repealed
  92. 15BThe following is a list of events and transactions for which disclosures would be required if they are significant: the list is not exhaustive. Repealed
  93. 15CDivision 15C Repealed
  94. 16–18Division 16–18 Repealed
  95. Other disclosures Repealed
  96. 16AIn addition to disclosing significant events and transactions in accordance with paragraphs 15–15C, an entity shall include the following information, in the notes to its interim financial statements, if not disclosed elsewhere in the interim financial report. The information shall normally be reported on a financial year-to-date basis. Repealed
  97. EFFECTIVE DATE Repealed
  98. 49Division 49 Repealed
  99. Amendment to IFRIC 13Customer Loyalty Programmes Repealed
  100. Division Repealed
  101. EFFECTIVE DATE AND TRANSITION Repealed
  102. 10ADivision 10A Repealed