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Commission Regulation (EU) No 1254/2012 of 11 December 2012 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 Standard 10, International Financial Reporting Standard 11, International Financial Reporting Standard 12, International Accounting Standard 27 (2011), and International Accounting Standard 28 (2011) (Text with EEA relevance) (revoked)

EU Regulation No 1254/2012 · Adopted 11 December 2012 · 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 1254/2012

of 11 December 2012

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 Standard 10, International Financial Reporting Standard 11, International Financial Reporting Standard 12, International Accounting Standard 27 (2011), and International Accounting Standard 28 (2011)

(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. 33 (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  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed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 Annex: INTERNATIONAL ACCOUNTING STANDARDS Repealed
  6. Division Repealed
  7. INTERNATIONAL FINANCIAL REPORTING STANDARD 10Consolidated Financial Statements Repealed
  8. OBJECTIVE Repealed
  9. 1Division 1 Repealed
  10. Meeting the objective Repealed
  11. 2To meet the objective in paragraph 1, this IFRS: Repealed
  12. 3Division 3 Repealed
  13. SCOPE Repealed
  14. 4An entity that is a parent shall present consolidated financial statements. This IFRS applies to all entities, except as follows: Repealed
  15. Control Repealed
  16. 5Division 5 Repealed
  17. 6Division 6 Repealed
  18. 7Thus, an investor controls an investee if and only if the investor has all the following: Repealed
  19. 8Division 8 Repealed
  20. 9Division 9 Repealed
  21. Power Repealed
  22. 10Division 10 Repealed
  23. 11Division 11 Repealed
  24. 12Division 12 Repealed
  25. 13Division 13 Repealed
  26. 14Division 14 Repealed
  27. Returns Repealed
  28. 15Division 15 Repealed
  29. 16Division 16 Repealed
  30. Link between power and returns Repealed
  31. 17Division 17 Repealed
  32. 18Division 18 Repealed
  33. ACCOUNTING REQUIREMENTS Repealed
  34. 19Division 19 Repealed
  35. 20Division 20 Repealed
  36. 21Division 21 Repealed
  37. Non-controlling interests Repealed
  38. 22Division 22 Repealed
  39. 23Division 23 Repealed
  40. 24Division 24 Repealed
  41. Loss of control Repealed
  42. 25If a parent loses control of a subsidiary, the parent: Repealed
  43. 26Division 26 Repealed
  44. Appendix ADefined terms Repealed

1F1

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2F1

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3F1

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Signature

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INTERNATIONAL FINANCIAL REPORTING STANDARD 10Consolidated Financial StatementsF1

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OBJECTIVEF1

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1F1

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Meeting the objectiveF1

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2To meet the objective in paragraph 1, this IFRS:F1

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3F1

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SCOPEF1

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4An entity that is a parent shall present consolidated financial statements. This IFRS applies to all entities, except as follows:F1

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ControlF1

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5F1

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6F1

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7Thus, an investor controls an investee if and only if the investor has all the following:F1

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8F1

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9F1

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PowerF1

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10F1

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11F1

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12F1

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13F1

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14F1

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ReturnsF1

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15F1

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16F1

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Link between power and returnsF1

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17F1

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18F1

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ACCOUNTING REQUIREMENTSF1

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20F1

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21F1

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Non-controlling interestsF1

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22F1

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23F1

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24F1

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Loss of controlF1

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25If a parent loses control of a subsidiary, the parent:F1

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26F1

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Appendix ADefined termsF1

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