Appendix A -- Australian defined terms
This appendix is an integral part of the Standard.
Aus6.1
The following term is also used in this Standard with the meaning specified.
A not-for-profit entity is an entity whose principal objective is not the generation of profit. A not-for-profit entity can be a single entity or a group of entities comprising the parent and each of the entities that it controls.
Aus6.2
Examples of property, plant and equipment held by not-for-profit public sector entities include, but are not limited to, infrastructure, cultural, community and heritage assets.