CTHRepealedLegislation
Financial Management and Accountability (Financial Statements 2001-2002) Orders
15Recoverable Amount
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15 Recoverable Amount
15.1 All agencies and authorities must apply the recoverable amount test, in accordance with Australian Accounting Standard 10 (AAS 10) Recoverable Amount of Non-Current Assets, to their departmental non-current assets.
15.2 The recoverable amount test does not apply to administered non-current assets which agencies or authorities oversight or manage on behalf of the Government.