CTHIn ForceLegislation
Accounting Standard AASB 2022-9 Amendments to Australian Accounting Standards – Insurance Contracts in the Public Sector
3An entity shall apply AASB 17 to:
Start here
Get a plain-English read of 3
Turn the raw legal text into a practical explanation grounded in Accounting Standard AASB 2022-9 Amendments to Australian Accounting Standards – Insurance Contracts in the Public Sector.
3 An entity shall apply AASB 17 to:
(a) insurance contracts, including reinsurance contracts, it issues;
(b) reinsurance contracts it holds; and
(c) investment contracts with discretionary participation features it issues, provided the entity also issues insurance contracts.