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Division Statement of financial positionF1

United Kingdom Repealed

Original text. Later amendments are not shown.

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  1. 63Division 63
  2. 64When an entity has a surplus in a defined benefit plan, it shall measure the net defined benefit asset at the lower of:
  3. 65A net defined benefit asset may arise where a defined benefit plan has been overfunded or where actuarial gains have arisen. An entity recognises a net defined benefit asset in such cases because:

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