AASB 2010-7 - Amendments to Australian Accounting Standards arising from AASB 9 (December 2010) - December 2010
64Paragraph 5 is amended to read as follows and paragraph 14A is added:
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64 Paragraph 5 is amended to read as follows and paragraph 14A is added:
5 A residual interest in a fund that extends beyond a right to reimbursement, such as a contractual right to distributions once all the decommissioning has been completed or on winding up the fund, may be an equity instrument within the scope of AASB 9 and is not within the scope of this Interpretation.
14A AASB 2010-7 Amendments to Australian Accounting Standards arising from AASB 9 (December 2010), issued in December 2010, amended paragraph 5. An entity shall apply that amendment when it applies AASB 9 as issued in December 2010.
Amendments to Interpretation 10
65 Below the heading ‘References’, the reference to AASB 139 is deleted and a reference to AASB 9 Financial Instruments is added.