AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011
52Paragraph 113 is amended as follows (new text is underlined and deleted text is struck through):
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52 Paragraph 113 is amended as follows (new text is underlined and deleted text is struck through):
113 The fair value of any plan assets is deducted in determining the deficit or surplus. When no market price is available, the fair value of plan assets is estimated; for example, by discounting expected future cash flows using a discount rate that reflects both the risk associated with the plan assets and the maturity or expected disposal date of those assets (or, if they have no maturity, the expected period until the settlement of the related obligation).