OpenLegislation

Division General principlesF1

United Kingdom Repealed

Original text. Later amendments are not shown.

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  1. 34A fair value measurement assumes that a financial or non-financial liability or an entity’s own equity instrument (eg equity interests issued as consideration in a business combination) is transferred to a market participant at the measurement date. The transfer of a liability or an entity’s own equity instrument assumes the following:
  2. 35Division 35
  3. 36Division 36
  4. Liabilities and equity instruments held by other parties as assets
  5. Liabilities and equity instruments not held by other parties as assets

Annotations

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. 34 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)