12For legal purposes, this legislative instrument commences on 30 December 2017.

12 For legal purposes, this legislative instrument commences on 30 December 2017.

Withdrawal of AASB pronouncements

13 This Standard repeals AASB 1048 Interpretation of Standards issued in August 2015. Despite the repeal, after the time this Standard starts to apply under section 334 of the Corporations Act (either generally or in relation to an individual entity), the repealed Standard continues to apply in relation to any period ending before that time as if the repeal had not occurred.

[Note: When this Standard applies under section 334 of the Corporations Act (either generally or in relation to an individual entity), it supersedes the application of the repealed Standard.]

Compilation details
Accounting Standard AASB 1048 Interpretation of Standards (as amended)

Compilation details are not part of AASB 1048.

This compiled Standard applies to annual periods beginning on or after 1 January 2020. It takes into account amendments up to and including 21 May 2019 and was prepared on 2 March 2020 by the staff of the Australian Accounting Standards Board (AASB).

This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 1048 (December 2017) as amended by other Accounting Standards, which are listed in the Table below.

Table of Standards

(a) Entities may elect to apply this Standard to periods that end before 31 December 2017.

(b) Entities may elect to apply this Standard to annual periods beginning before 1 January 2020.

Table of amendments