37Controlled entities acquired or disposed of

## 37 Controlled entities acquired or disposed of (1) If, during a financial period, an entity has been acquired by an entity in an economic entity, the consolidated accounts of the economic entity must include a note stating, for each entity that has been acquired: (a) its name; and (b) the proportion of shares or other equity acquired in the entity; and (c) the consideration for the shares or equity; and (d) the fair value of its net tangible assets at the time of the acquisition. (2) If, during a financial period, a controlled entity is disposed of by an entity in an economic entity, the consolidated accounts for that period of the economic entity must include a note stating, for each entity that is disposed of: (a) its name; and (b) the operating profit or loss and extraordinary items attributable to members of the chief entity from the disposal of the entity; and (c) the fair value of its net tangible assets at the time of the disposal; and (d) the remaining interest held in it by the entity or entities in the economic entity.