Open on EUR-Lex ↗
◷
New version applies from 19/07/2013 — introduced by Directive 2013/34/EU (IFRS). 88 provisions change. Article 42b is deleted from 19/07/2013.

Article 42b

Article 42b

1.The fair value referred to in Article 42a shall be determined by reference to:

(a)

a market value, for those financial instruments for which a reliable market can readily be identified. Where a market value is not readily identifiable for an instrument but can be identified for its components or for a similar instrument, the market value may be derived from that of its components or of the similar instrument; or

(b)

a value resulting from generally accepted valuation models and techniques, for those instruments for which a reliable market cannot be readily identified. Such valuation models and techniques shall ensure a reasonable approximation of the market value.

2.Those financial instruments that cannot be measured reliably by any of the methods described in paragraph 1, shall be measured in accordance with Articles 34 to 42.

Official text · consolidated version 01/07/2013 (no longer in force) Open full page ↗
10 queries · page built in 20 msInventory f82bbfa3