CTHRepealedLegislation
AASB 6 - Exploration for and Evaluation of Mineral Resources - December 2004
Measurement after recognitionMeasurement after recognition
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Measurement after recognition
12 After recognition, an entity shall apply either the cost model or the revaluation model to the exploration and evaluation assets. If the revaluation model is applied (either the model in AASB 116 Property, Plant and Equipment or the model in AASB 138), it shall be consistent with the classification of the assets (see paragraph 15).