42 paragraphs found in AASB 1059
… of the service concession asset may change during the term of the service concession arrangement. The change in … control of the asset may arise from changes in the terms of the service concession contract, or changes in …
… as possible: , (a) It is assumed in Examples 6–7 that the term of the service concession arrangement is only ten years … annual receipts are constant over that period. In practice, terms may be much longer and annual revenues may increase … land under roads; and (c) Example 8 presents only relevant terms of the arrangement that illustrate the requirements …
… powers do not constitute control. In this Standard, the term ‘regulate’ is intended to be applied only in the context of the terms and conditions of the service concession arrangement. … For example, a regulator of rail services may determine rates that apply to the rail industry as a whole. …
… Appendix A also defines a contract. The term ‘agreement’ in the definition of a ‘contract’ …
… vary by sector and by jurisdiction. Furthermore, the terms of the arrangement may also depend on the specific …
… concession asset is provided to the operator over the term of the service concession arrangement. Paragraph B51 … significantly reduces or eliminates the grantor’s predetermined series of payments to the operator, the liability … would still be reduced (and revenue recognised) over the term of the arrangement as access is provided to the …
… concession asset is expected to be provided evenly over the term of the service concession arrangement from the point at …
… Those criteria, together with the terms and conditions of the contract, need to be considered by the grantor in determining whether to recognise the service concession asset …
… regulated and unregulated by the grantor. The relevant terms of the arrangement are: (a) a grantor enters into an … and then maintaining the hospital buildings. The grantor determines the hospital is capable of being operated with … nurses and administration staff. The operator also determines the pricing of the services charged to patients; …