{
  "url": "https://openlegislation.uk/eu-regulation-2016-1703",
  "json_url": "https://openlegislation.uk/eu-regulation-2016-1703.json",
  "id": "eur/2016/1703",
  "title": "Commission Regulation (EU) 2016/1703 of 22 September 2016 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 Standards 10 and 12 and International Accounting Standard 28 (Text with EEA relevance) (revoked)",
  "short_title": "Regulation (EU) 2016/1703 amending Regulation (EC) No 1126/2008 adopting certain international accounting…",
  "long_title": "Commission Regulation (EU) 2016/1703 of 22 September 2016 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 Standards 10 and 12 and International Accounting Standard 28 (Text with EEA relevance)",
  "citation": "EU Regulation 2016/1703",
  "type": "eur",
  "year": "2016",
  "number": "1703",
  "version": "current",
  "date": "2016-09-22",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/article-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/article-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": null,
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      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/signature",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "annex",
      "kind": "annex",
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      "heading": null,
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "annex/division/Investment",
      "kind": "division",
      "number": "Investment Entities: Applying the Consolidation Ex",
      "heading": "(Amendments to IFRS 10, IFRS 12 and IAS 28)",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/annex/division-Investment",
      "extent": "E+W+S+N.I.",
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    {
      "path": "annex/division/Investment/division/Amendments",
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      "path": "annex/division/Investment/division/Amendments/division/1",
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      "extent": "E+W+S+N.I.",
      "status": "repealed",
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      "heading": "An entity that is a parent shall present consolidated financial statements. This IFRS applies to all entities, except as follows:",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/annex/division-Investment/division-Amendments/division-1/division-4",
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    {
      "path": "annex/division/Investment/division/Amendments/division/1/division/4A",
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    },
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      "path": "annex/division/Investment/division/Amendments/division/2",
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      "extent": "E+W+S+N.I.",
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      "parent": "annex/division/Investment/division/Amendments"
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    {
      "path": "annex/division/Investment/division/Amendments/division/2/division/31",
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      "path": "annex/division/Investment/division/Amendments/division/2/division/32",
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    {
      "path": "annex/division/Investment/division/Amendments/division/2/division/33",
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    },
    {
      "path": "annex/division/Investment/division/Amendments/division/3",
      "kind": "division",
      "number": null,
      "heading": "DETERMINING WHETHER AN ENTITY IS AN INVESTMENT ENTITY",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/annex/division-Investment/division-Amendments/division-3",
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    {
      "path": "annex/division/Investment/division/Amendments/division/3/division/B85A",
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      "parent": "annex/division/Investment/division/Amendments/division/3"
    },
    {
      "path": "annex/division/Investment/division/Amendments/division/3/division/2",
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      "heading": "Business purpose",
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    {
      "path": "annex/division/Investment/division/Amendments/division/3/division/2/division/B85B",
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      "number": "B85B",
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      "url": "https://openlegislation.uk/eu-regulation-2016-1703/annex/division-Investment/division-Amendments/division-3/division-2/division-B85B",
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      "parent": "annex/division/Investment/division/Amendments/division/3/division/2"
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    {
      "path": "annex/division/Investment/division/Amendments/division/3/division/2/division/B85C",
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      "path": "annex/division/Investment/division/Amendments/division/3/division/2/division/B85D",
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      "number": "B85D",
      "heading": "An investment entity may also participate in the following investment-related activities, either directly or through a subsidiary, if these activities are undertaken to maximise the investment return (capital appreciation or investment income) from its investees and do not represent a separate substantial business activity or a separate substantial source of income to the investment entity:",
      "url": "https://openlegislation.uk/eu-regulation-2016-1703/annex/division-Investment/division-Amendments/division-3/division-2/division-B85D",
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      "parent": "annex/division/Investment/division/Amendments/division/3/division/2"
    },
    {
      "path": "annex/division/Investment/division/Amendments/division/3/division/2/division/B85E",
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      "path": "annex/division/Investment/division/2",
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      "path": "annex/division/Investment/division/2/division/1/division/6",
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      "heading": "This IFRS does not apply to:",
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      "path": "annex/division/Investment/division/3",
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