BC72B The Board received a request to clarify the accounting for a change in a disposal plan from a plan to sell to a plan to distribute a dividend in kind to its shareholders. Paragraph 26 of IFRS 5 was interpreted by some, but not all, as requiring this change to be considered as a change to a plan of sale that would be accounted for in accordance with paragraphs 27-29 of IFRS 5

BC72C In analysing this issue the Board observed that there was no specific guidance in IFRS 5 for the discontinuation of held-for-distribution accounting, when an entity determines that the asset (or disposal group) is no longer available for immediate distribution to owners or that the distribution to owners is no longer 'highly probable', in accordance with paragraph 12A of IFRS 5.