CTHRepealedLegislation
AASB 3 - Business Combinations - March 2008
Assets subject to operating leases in whAssets subject to operating leases in which the acquiree is the lessor
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Assets subject to operating leases in which the acquiree is the lessor
B42 In measuring the acquisition-date fair value of an asset such as a building or a patent that is subject to an operating lease in which the acquiree is the lessor, the acquirer shall take into account the terms of the lease. In other words, the acquirer does not recognise a separate asset or liability if the terms of an operating lease are either favourable or unfavourable when compared with market terms as paragraph B29 requires for leases in which the acquiree is the lessee.