Appendix B Application Supplement: Extension of The Period Required To Complete A Sale
Appendix B Application Supplement: Extension of The Period Required To Complete A Sale
Appendix B Application Supplement: Extension of The Period Required To Complete A Sale
Appendix B
Application supplement
(a) at the date an entity commits itself to a plan to sell a non‑current asset
(or disposal group) it reasonably expects that others (not a buyer) will
impose conditions on the transfer of the asset (or disposal group) that
will extend the period required to complete the sale, and:
(c) during the initial one‑year period, circumstances arise that were
previously considered unlikely and, as a result, a non‑current asset (or
disposal group) previously classified as held for sale is not sold by the
end of that period, and:
(i) during the initial one‑year period the entity took action
necessary to respond to the change in circumstances,