Issue (INT19_08-15_COMPmay19_01-20)

This Interpretation addresses the following issues:

(a)            Are an entity’s equity instruments issued to extinguish all or part of a financial liability ‘consideration paid’ in accordance with paragraph 3.3.3 of AASB 9?

(b)            How should an entity initially measure the equity instruments issued to extinguish such a financial liability?

(c)            How should an entity account for any difference between the carrying amount of the financial liability extinguished and the initial measurement amount of the equity instruments issued?