Application
1‒5
[Deleted]
6
The following table identifies which paragraphs are applicable to each type of entity to which this Standard applies:
|
Type of entity to which the paragraph is applicable |
Content of paragraphs |
Para No. |
|
Government departments |
Parliamentary appropriations |
|
|
Liabilities of government departments assumed by other entities |
|
|
|
Contributions by owners and distributions to owners |
|
|
|
Restructure of administrative arrangements |
|
|
|
Other government controlled not-for-profit entities |
Restructure of administrative arrangements |
|
|
Local governments and whole of governments |
Contributions by owners and distributions to owners |
|
7
This Standard applies to annual reporting periods beginning on or after 1 July 2008.
[Note: For application dates of paragraphs changed or added by an amending Standard, see Compilation Details.]
8
This Standard may be applied to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2008, provided there is early adoption for the same annual reporting period of the following pronouncements being issued at about the same time, as applicable:
(a) AASB 1049 Whole of Government and General Government Sector Financial Reporting;
(b) AASB 1050 Administered Items;
(c) AASB 1051 Land Under Roads;
(d) AASB 1052 Disaggregated Disclosures;
(e) AASB 2007-9 Amendments to Australian Accounting Standards arising from the Review of AASs 27, 29 and 31; and
(f) AASB Interpretation 1038 Contributions by Owners Made to Wholly-Owned Public Sector Entities.
9
[Deleted]
10
When applicable, this Standard, together with the Standards referred to in paragraph 8, supersede:
(a) AASB 1004 Contributions as notified in the Commonwealth of Australia Gazette No S 294, 22 July 2004;
(b) AAS 27 Financial Reporting by Local Governments, as amended;
(c) AAS 29 Financial Reporting by Government Departments, as amended; and
(d) AAS 31 Financial Reporting by Governments, as amended.
11‒31
[Deleted]