Division 234 F1

Where IFRS or the relevant national GAAP based on BAD provide for the designation of commitments at fair value through profit and loss, the carrying amount of any asset resulting from that designation and measurement at fair value shall be reported in ‘ Financial assets designated at fair value through profit or loss ’ (IFRS) or ‘ Non-trading non-derivative financial assets measured at fair value through profit or loss ’ (national GAAP based on BAD). The carrying amount of any liability resulting from that designation shall not be reported in template 18. The notional amount of all commitments designated at fair value through profit or loss shall be reported in template 9.