CTHRepealedLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2011 - GRS 300.0_G (2011) - Statement of Financial Position (Level 2 Insurance Group)
15.0Unexpired risk liability
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2011 - GRS 300.0_G (2011) - Statement of Financial Position (Level 2 Insurance Group).
15.0 Unexpired risk liability
Report the unexpired risk liability for the Level 2 Insurance group. The recognition and measurement of unexpired risk liability must be in accordance with the requirements of AASB 1023 and other applicable Australian accounting standards.