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IFRS 16 amended for lease liability measurement in sale and leaseback
The amendment to IFRS 16 Leases specifies requirements for seller-lessees to measure the lease liability in a sale and leaseback transaction.
The amendment does not change the accounting for leases unrelated to sale and leaseback transactions.
The amendment applies to annual reporting periods beginning on or after 1 January 2024 and can be applied earlier.