OpenLegislation

Division TRANSITIONF1

United Kingdom Repealed

Original text. Later amendments are not shown.

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  1. C2For the purposes of the transition requirements in paragraphs C3–C8A:
  2. C3An entity shall apply this Standard using one of the following two methods:
  3. C5An entity may use one or more of the following practical expedients when applying this Standard retrospectively in accordance with paragraph C3(a):
  4. C6For any of the practical expedients in paragraph C5 that an entity uses, the entity shall apply that expedient consistently to all contracts within all reporting periods presented. In addition, the entity shall disclose all of the following information:
  5. C7Division C7
  6. C7AAn entity applying this Standard retrospectively in accordance with paragraph C3(b) may also use the practical expedient described in paragraph C5(c), either:
  7. C8ADivision C8A

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