AASB 6 - Exploration for and Evaluation of Mineral Resources - December 2004
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Application
Aus2.1 This Standard applies to:
(a) each entity that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act and that is a reporting entity;
(b) general purpose financial statements of each other reporting entity; and
(c) financial statements that are, or are held out to be, general purpose financial statements.
Aus2.2 This Standard applies to annual reporting periods beginning on or after 1 January 2005.
[Note: For application dates of paragraphs changed or added by an amending Standard, see Compilation Details.]
Aus2.3 This Standard shall not be applied to annual reporting periods beginning before 1 January 2005.
Aus2.4 [Deleted by the AASB]
Aus2.5 When applicable, this Standard supersedes:
(a) AASB 1022 Accounting for Extractive Industries as notified in the Commonwealth of Australia Gazette, No S 338, 30 October 1989; and
(b) AAS 7 Accounting for the Extractive Industries issued in November 1989.
Aus2.6 AASB 1022 and AAS 7 remain applicable until superseded by this Standard.
Aus2.7 Notice of this Standard was published in the Commonwealth of Australia Gazette No S 507, 13 December 2004.