When applicable, this Standard supersedes AASB 1023 - Financial Reporting of General Insurance Activities - November 1996 and AAS 26 Financial Reporting of General Insurance Activities - November 1996.
Details
Title ID
F2005B01401
Registered
14 April 2015
Effective
17 December 2014 - 30 December 2017
Series
AASB 1023
Type
Principal
The amendments made by AASB 2014-5 are no longer required to apply to annual reporting periods beginning on or after 1 January 2017 but before 1 January 2018, as a consequence of AASB 2015-8 deferring the effective date of AASB 15 (and its consequential amendments in AASB 2014-5) from 1 January 2017 to 1 January 2018.
Sunsetting
Most legislative instruments will sunset 10 years after commencement under Chapter 3, Part 4 of the of the Legislation Act 2003.
When applicable, this Standard supersedes AASB 1023 - Financial Reporting of General Insurance Activities - November 1996 and AAS 26 Financial Reporting of General Insurance Activities - November 1996.