doc__table__2670 — Commission Regulation (EC) No 1126/2008 of 3 November 2008 adopting certain…

doctable2670

Commission Regulation (EC) No 1126/2008 of 3 November 2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council (Text with EEA relevance) · European Union

| 5 | An entity shall not apply the IFRS to expenditures incurred: (a) before the exploration for and evaluation of mineral resources, such as expenditures incurred before the entity has obtained the legal rights to explore a specific area; (b) after the technical feasibility and commercial viability of extracting a mineral resource are demonstrable.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.