26 In its separate financial statements, a joint operator or joint venturer shall account for its interest in:
(a) a joint operation in accordance with paragraphs 20-22;
(b) a joint venture in accordance with paragraph 10 of IAS 27 Separate Financial Statements.
27 In its separate financial statements, a party that participates in, but does not have joint control of, a joint arrangement shall account for its interest in:
(a) a joint operation in accordance with paragraph 23;
(b) a joint venture in accordance with IFRS 9, unless the entity has significant influence over the joint venture, in which case it shall apply paragraph 10 of IAS 27 (as amended in 2011).