2 Amendments of Markus FERBER related to 2011/0308(COD)
Amendment 58 #
Proposal for a directive
Article 6
Article 6
Alternative measurement basis of fixed 1. By way of derogation from Article 5(1)(i), Member States may permit or require in respect of all undertakings or any classes of undertaking measurement of fixed assets at revalued amounts. Where national law provides for such measurement, it shall define its content and limits and the rules for its application. 2. Where paragraph 1 is applied, the amount of the difference between measurement on a purchase price or production cost basis and measurement on a revaluation basis shall be entered in the revaluation reserve under ‘Capital and reserves’. The revaluation reserve may be capitalized in whole or in part at any time. The revaluation reserve shall be reduced where the amounts transferred thereto are no longer necessary for the implementation of the revaluation basis of accounting. The Member States may lay down rules governing the application of the revaluation reserve, provided that transfers to the profit and loss account from the revaluation reserve may be made only where the amounts transferred have been entered as an expense in the profit and loss account or reflect increases in value which have actually been realised. No part of the revaluation reserve may be distributed, either directly or indirectly, unless it represents a gain actually realised. Save as provided under the second and third sub-paragraphs of this paragraph the revaluation reserve may not be reduced. 3. Value adjustments shall be calculated each year on the basis of the revalued amount. However, by way of derogation from Articles 8 and 12, Member States may permit or require that only the amount of the value adjustments arising as a result of the purchase price or production cost measurement basis be shown under the relevant items in the layouts prescribed in Articles 13 and 14 and that the difference arising as a result of the measurement on a revaluation basis under this Article be shown separately in the layouts.rticle 6 deleted assets at revalued amounts
Amendment 60 #
Proposal for a directive
Article 7
Article 7
Article deleted