Paragraph 34
(1)
Relevant property, plant and equipment reserves are excluded.
(2)
“ Relevant property, plant and equipment reserves ” means equity amounts representing revaluation reserves relating to the revaluation of property, plant and equipment under International Accounting Standard 16 or Financial Reporting Standard 15.
(3)
“ Property, plant and equipment ” has the meaning given, for the time being, by International Accounting Standard 16.