Interpretations
4
This Standard refers to all Australian Interpretations currently approved by the AASB and applicable to any period[1] specified in paragraph 2 (by either mandatory or early application), classified according to whether they correspond to Interpretations adopted by the International Accounting Standards Board (IASB).
Periods no longer than 18 months.
5
For ease of presentation, the Australian Interpretations are set out in two separate tables: in paragraph 6, Table 1 lists those corresponding to IASB Interpretations and, in paragraph 8, Table 2 lists the other Interpretations. Each row in each of the Tables 1 and 2 is to be treated as a separate provision of this Standard.
Australian Interpretations corresponding to IASB Interpretations
6
An entity shall apply each relevant Australian Interpretation listed in Table 1 below.