Effective date

[Deleted by the AASB]

Aus10.2

This Interpretation applies to annual periods beginning on or after 1 January 2018. Earlier application is permitted for periods beginning on or after 1 January 2014 but before 1 January 2018.

Aus10.3

AASB 16, issued in February 2016, amended paragraph 6. An entity shall apply that amendment when it applies AASB 16.

AASB 2019-1 Amendments to Australian Accounting Standards – References to the Conceptual Framework, issued in 2019, added AusCF paragraphs and amended paragraph 5. An entity shall apply the amendments for annual periods beginning on or after 1 January 2020. Earlier application is permitted if at the same time an entity also applies all other amendments made by AASB 2019-1. An entity shall apply the amendments to Interpretation 132 retrospectively in accordance with AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors. However, if an entity determines that retrospective application would be impracticable or would involve undue cost or effort, it shall apply the amendments to Interpretation 132 by reference to paragraphs 23–28, 50–53 and 54F of AASB 108.