AASB 1046 - Director and Executive Disclosures by Disclosing Entities - January 2004
2Operative Date
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2 Operative Date
2.1 This Standard applies to annual reporting periods ending on or after 30 June 2004.
2.2 This Standard may be applied to annual reporting periods ending before 30 June 2004 provided an election has been made in accordance with subsection 334(5) of the Corporations Act.
2.3 When applied, this Standard supersedes the requirements that affect disclosing entities in:
(a) Section 4 of AASB 1017 Related Party Disclosures, as notified in the Commonwealth of Australia Gazette, No. S66, on 28 February 1997; and
(b) Section 6 of AASB 1034 Financial Report Presentation and Disclosures, as notified in the Commonwealth of Australia Gazette, No. S485, on 14 October 1999.
2.3.1 Apart from the exemption for disclosing entities provided in paragraph 2.3(a), this Standard does not affect the operation of AASB 1017.
2.3.2 Notice of this Standard was published in the Commonwealth of Australia Gazette on 28 January 2004.