CTHRepealedLegislation
AASB 11 - Joint Arrangements - August 2011
5A joint arrangement has the following characteristics:
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5 A joint arrangement has the following characteristics:
(a) The parties are bound by a contractual arrangement (see paragraphs B2–B4).
(b) The contractual arrangement gives two or more of those parties joint control of the arrangement (see paragraphs 7–13).