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AASB 6 - Exploration for and Evaluation of Mineral Resources - December 2004
Transitional ProvisionsTransitional Provisions
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Transitional Provisions
27 If it is impracticable to apply a particular requirement of paragraph 18 to comparative information that relates to annual reporting periods beginning before 1 January 2005, an entity shall disclose that fact. AASB 108 explains the term ‘impracticable’.
Aus27.1 For annual reporting periods beginning before 1 January 2006, an entity applying the Standard shall disclose the fact that it is applying the Standard, being the Australian equivalent to IFRS 6.