Notice Type
General Section
Notice Title

Approval of the Omnibus Amendments (2008–1) (Notice No. 95)

Notice is hereby given, pursuant to section 29 of the Financial Reporting Act 1993 (“the Act”), that the Accounting Standards Review Board has approved the Omnibus Amendments (2008-1), which has been submitted to it by the Financial Reporting Standards Board of the New Zealand Institute of Chartered Accountants.
The Omnibus Amendments (2008-1) is:
? to apply to all reporting entities and groups, the Crown and all departments, Offices of Parliament and Crown entities, and all local authorities (each of which is defined in the Act) other than where expressly exempted by its terms, the terms of any other approved financial reporting standard or by law;
? to apply to annual periods beginning on or after 1 January 2009; and
? a Regulation for the purposes of the Regulations (Disallowance) Act 1989.
Earlier application of the Omnibus Amendments (2008-1) is permitted.
Copies of the Omnibus Amendments (2008-1) may be inspected free of charge at the offices of the New Zealand Institute of Chartered Accountants, 40 Mercer Street (PO Box 11342), Wellington, and 27–33 Ohinerau Street (PO Box 3334), Auckland.
Copies will also be made available on the institute’s website at
Dated this 29th day of October 2008.
WARWICK HUNT, Chairman, Accounting Standards Review Board.