CTHRepealedLegislation
AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011
57Paragraph 23 is amended as follows (new text is underlined and deleted text is struck through):
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57 Paragraph 23 is amended as follows (new text is underlined and deleted text is struck through):
23 … One example is an entity’s obligation under a forward contract to purchase its own equity instruments for cash. When the The financial liability is recognised initially at under AASB 139, its fair value (the present value of the redemption amount), and is reclassified from equity. …