CTHRepealedLegislation
AASB 137 - Provisions, Contingent Liabilities and Contingent Assets - July 2004
Expected Disposal of AssetsExpected Disposal of Assets
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Expected Disposal of Assets
51 Gains from the expected disposal of assets shall not be taken into account in measuring a provision.
52 Gains on the expected disposal of assets are not taken into account in measuring a provision, even if the expected disposal is closely linked to the event giving rise to the provision. Instead, an entity recognises gains on expected disposals of assets at the time specified by the Standard dealing with the assets concerned.