TPG22-23 Agencies with Occupancy Agreements with Property NSW
The purpose of this policy is to provide guidance to agencies on the applicability of AASB 16 Leases to Occupancy Agreements with Property NSW (PNSW). It includes proforma financial statements disclosures for the year ending 30 June 2022 and frequently asked questions in respect of the derecognition of existing right-of-use assets and lease liabilities related to office accommodation lease arrangements with PNSW.
Issued: 12 July 2022 by Treasury
Key information
- Status
- Active
- Type
- NSW Treasury Circular
- Identifier
- TPG22-23
- Compliance
- Not mandatory
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- State Owned Corporations
- Subsidiaries of the NSW Government established under the Corporations Act
About
The purpose of this policy is to provide guidance to agencies on the applicability of AASB 16 Leases to Occupancy Agreements with Property NSW (PNSW). It includes proforma financial statements disclosures for the year ending 30 June 2022 and frequently asked questions in respect of the derecognition of existing right-of-use assets and lease liabilities related to office accommodation lease arrangements with PNSW.
This policy is not mandatory and NSW GGS entities should tailor the assessment and disclosures to their individual circumstances.
The purpose of this policy is to provide guidance to agencies on the applicability of AASB 16 Leases to Occupancy Agreements with Property NSW (PNSW). It includes proforma financial statements disclosures for the year ending 30 June 2022 and frequently asked questions in respect of the derecognition of existing right-of-use assets and lease liabilities related to office accommodation lease arrangements with PNSW.
This policy is not mandatory and NSW GGS entities should tailor the assessment and disclosures to their individual circumstances.