UK Endorsement Board adopts Lease Liability in a Sale and Leaseback—Amendments to IFRS 16

The UKEB has today adopted Lease Liability in a Sale and Leaseback—Amendments to IFRS 16 (the Amendments). They were issued by the International Accounting Standards Board (IASB) in September 2022. The Amendments have an effective date of 1 January 2024, with earlier application permitted.

The UK-adopted international accounting standard text for these amendments.

For more information on the UKEB’s approach to the Lease Liability in a Sale and Leaseback – Amendments to IFRS 16 project.

We would like to thank all stakeholders who contributed to this project.