AASB 1 - First-time Adoption of Australian Accounting Standards - May 2009
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Investment entities
E6 A first-time adopter that is a parent shall assess whether it is an investment entity, as defined in AASB 10, on the basis of the facts and circumstances that exist at the date of transition to Australian Accounting Standards.
E7 A first-time adopter that is an investment entity, as defined in AASB 10, may apply the transition provisions in paragraphs C3C–C3D of AASB 10 and paragraphs 18C–18G of AASB 127 if its first Australian Accounting Standards financial statements are for an annual reporting period ending on or before 31 December 2014. The references in those paragraphs to the annual reporting period that immediately precedes the date of initial application shall be read as the earliest annual reporting period presented. Consequently, the references in those paragraphs shall be read as the date of transition to Australian Accounting Standards.