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Division Criterion that an entity ‘currently has a legally enforceable right to set off the recognised amounts’ (paragraph 42(a))F1

United Kingdom Repealed

Original text. Later amendments are not shown.

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  1. AG38ADivision AG38A
  2. AG38BTo meet the criterion in paragraph 42(a), an entity must currently have a legally enforceable right of set-off. This means that the right of set-off:
  3. AG38CDivision AG38C
  4. AG38DDivision AG38D

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