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Commission Regulation (EU) 2020/551 of 21 April 2020 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 Standard 3 (Text with EEA relevance) (revoked)

EU Regulation 2020/551 · Adopted 21 April 2020 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Commission Regulation (EU) 2020/551

of 21 April 2020

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 Standard 3

(Text with EEA relevance) (revoked)

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Annotations to the whole text

Textual amendments

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Regulation revoked (8.3.2021) by The European Grouping of Territorial Cooperation and Limited Liability Partnerships etc. (Revocations and Amendments) (EU Exit) Regulations 2021 (S.I. 2021/153), reg. 1, Sch. Table 2 (with reg. 2(3))

Contents

  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed
  4. Signature
  5. Annex: Definition of a Business Repealed
  6. Amendments to IFRS 3 Business Combinations Repealed
  7. IDENTIFYING A BUSINESS COMBINATION Repealed
  8. EFFECTIVE DATE AND TRANSITION Repealed
  9. Effective date Repealed
  10. Annex Appendix A Repealed
  11. Defined terms Repealed
  12. DEFINITION OF A BUSINESS (APPLICATION OF PARAGRAPH 3) Repealed
  13. Optional test to identify concentration of fair value Repealed
  14. Elements of a business Repealed
  15. Assessing whether an acquired process is substantive Repealed

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Signature

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Amendments to IFRS 3 Business CombinationsF1

Paragraph 3, the definition of the term ‘business’ in Appendix A and paragraphs B7–B9, B11 and B12 are amended. Paragraphs 64P, B7A–B7C, B8A and B12A–B12D, and headings above paragraphs B7A, B8 and B12, are added. Paragraph B10 is deleted.

IDENTIFYING A BUSINESS COMBINATIONF1

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Effective dateF1

Defined termsF1

DEFINITION OF A BUSINESS (APPLICATION OF PARAGRAPH 3)F1

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Optional test to identify concentration of fair valueF1

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Elements of a businessF1

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Assessing whether an acquired process is substantiveF1

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