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Wednesday 28 January 2015

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The Interpretations Committee observed that the term ‘becomes receivable’ is sufficiently understood within IFRSs

 09 September 2011

The Interpretations Committee received a request to clarify the guidance in paragraph 65 of IAS 16 concerning when the compensation for property, plant and equipment that has been impaired, lost or given up (for example, as a result of a natural disaster) becomes receivable.

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