BKLM223000 - Relevant entities and groups: relevant groups: group members determined using IAS

Paragraphs 4(3) and (4) of Schedule 19

»Ê¹ÚÌåÓýapp members of the relevant group will be determined using the provisions of IAS (subject to one exception). So where an entity is:

  • included in the parent’s consolidated financial statements drawn up under IAS, or
  • would have been included in the parent’s consolidated financial statements had these been drawn up under IAS

the entity will be a member of the relevant group.

»Ê¹ÚÌåÓýapp parent will also be a member of the relevant group.

»Ê¹ÚÌåÓýappre is one exception to the IAS rule - see BKLM224000.