Superseded by IFRS 9: Financial Instruments, July 2014, for annual periods beginning on or after 1 January 2018. Earlier application is permitted.
3 Subject to paragraphs 4 and 5 below, this Interpretation applies to all embedded derivatives within the scope of IAS 39.
4 This Interpretation does not address remeasurement issues arising from a reassessment of embedded derivatives.
5 This Interpretation does not apply to embedded derivatives in contracts acquired in:
(a) a business combination (as defined in IFRS 3 (as revised in 2008));
(b) a combination of entities or businesses under common control as described in paragraphs B1-B4 of IFRS 3 (revised 2008); or
(c) the formation of a joint venture as defined in IFRS 11 Joint Arrangements
or their possible reassessment at the date of acquisition [IFRS 3 (as revised in 2008) addresses the acquisition of contracts with embedded derivatives in a business combination.].