Commission Regulation (EC) No 254/2009 of 25 March 2009 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Interpretations Committee's (IFRIC) Interpretation 12 (Text with EEA relevance)
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Paragraph 9 is amended as follows:
The transitional provisions in other IFRSs apply to changes in accounting policies made by an entity that already uses IFRSs; they do not apply to a first-time adopter’s transition to IFRSs, except as specified in paragraphs 25D, 25H, 34A and 34B.
In paragraph 12(a), the reference to paragraphs 13–25G is changed to 13–25H.
In paragraph 13, subparagraphs (k) and (l) are amended, and subparagraph (m) is inserted, as follows:
leases (paragraph 25F); and
fair value measurement of financial assets or financial liabilities at initial recognition (paragraph 25G). ; and
a financial asset or an intangible asset accounted for in accordance with IFRIC 12 Service Concession Arrangements (paragraph 25H).
After paragraph 25G, a new heading and paragraph 25H are inserted as follows:
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