Accounting Standard AASB 140 Investment Property as amended
This compiled Standard applies to annual reporting periods beginning on or after 1 January 2017. It takes into account amendments up to and including 21 January 2015 and was prepared on 20 March 2015 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 140 (July 2004) as amended by other Accounting Standards, which are listed in the Table below.
Table of Standards
Standard
Date made
Application date(annual reporting periods … on or after …)
Application, saving or transitional provisions
AASB 140
15 Jul 2004
(beginning) 1 Jan 2005
AASB 2007-8
24 Sep 2007
(beginning) 1 Jan 2009
see (a) below
AASB 2007-10
13 Dec 2007
(beginning) 1 Jan 2009
see (a) below
AASB 2008-5
24 Jul 2008
(beginning) 1 Jan 2009
see (b) below
AASB 2009-6
25 Jun 2009
(beginning) 1 Jan 2009and (ending) 30 Jun 2009
see (c) below
AASB 2010-2
30 Jun 2010
(beginning) 1 Jul 2013
see (d) below
AASB 2010-5
27 Oct 2010
(beginning) 1 Jan 2011
see (e) below
AASB 2011-8
2 Sep 2011
(beginning) 1 Jan 2013
see (f) below
AASB 2012-1
21 Mar 2012
(beginning) 1 Jul 2013
see (g) below
AASB 2014-1
4 Jun 2014
Pt A (beginning) 1 Jul 2014Pt C (beginning) 1 Jul 2014
see (h) belowsee (i) below
AASB 2014-5
12 Dec 2014
(beginning) 1 Jan 2017
see (j) below
AASB 2014-6
12 Dec 2014
(beginning) 1 Jan 2016
see (k) below
AASB 2015-1
21 Jan 2015
(beginning) 1 Jan 2016
see (k) below
(a) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 101 Presentation of Financial Statements (September 2007) is also applied to such periods.
(b) Entities may elect to apply this Standard, or its amendments to individual Standards, to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009.
(c) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 101 Presentation of Financial Statements (September 2007) is also applied to such periods, and to annual reporting periods beginning on or after 1 January 2009 that end before 30 June 2009.
(d) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 July 2009 but before 1 July 2013, provided that AASB 1053 Application of Tiers of Australian Accounting Standards is also applied to such periods.
(e) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2011.
(f) AASB 2011-8 has been amended by AASB 2011-10 (made 5 September 2011) and AASB 2012-6 (made 10 September 2012).
Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2013, provided that AASB 13 Fair Value Measurement is also applied to such periods.
(g) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 July 2009 but before 1 July 2013, provided that AASB 1053 Application of Tiers of Australian Accounting Standards, AASB 13 Fair Value Measurement and AASB 2011-8 Amendments to Australian Accounting Standards arising from AASB 13 are also applied to such periods.
(h) Entities may elect to apply Part A of this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2014.
(i) Entities may elect to apply Part C of this Standard to annual reporting periods beginning on or after 1 January 2014 but before 1 July 2014.
(j) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2017, provided that AASB 15 Revenue from Contracts with Customers is also applied to such periods.
(k) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2016.