AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011
104Paragraph 10.3 is amended as follows (new text is underlined):
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104 Paragraph 10.3 is amended as follows (new text is underlined):
10.3 Investment property that is within the scope of AASB 140 Investment Property and that backs life insurance liabilities or life investment contract liabilities shall be measured at fair value using the fair value model under AASB 140 and AASB 13 Fair Value Measurement.
Amendments to Interpretation 2 Amendments to Interpretation 2
Amendments to Interpretation 2
105 Below the heading ‘References’, a reference to Accounting Standard AASB 13 Fair Value Measurement is added.
106 The heading ‘Effective Date of IFRIC 2’ before paragraph 14 is amended to ‘Effective Date’.
107 Paragraph 16 is added as follows:
16 AASB 2011-8 Amendments to Australian Accounting Standards arising from AASB 13, issued in September 2011, amended paragraph A8. An entity shall apply that amendment when it applies AASB 13.