Financial Sector (Collection of Data) (reporting standard) determination No. 91 of 2006 - Reporting Standard GRS 450.0 (2007) Interest in Controlled Entities and Joint Ventures
(8) Fair Value of Joint Venture(8) Fair Value of Joint Venture
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(8) Fair Value of Joint Venture
Disclose the fair value of the joint venture. Fair value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's-length transaction, and is determined as follows: