PET - Plain English Taxonomy

Attribute: PL13649
Concept:
Label: Expenses - policy conversions - outwards
Concept Guidance:
Report the total value of outward (claim) side of conversions between statutory funds. Exclude deposit components.Deposit components are to be recognised  and measured as per the accounting standards. 
Form-Specifc Guidance:
Premium and claim elements of policy conversions do not apply for life investment contracts, due to section 5 of AASB 138. In those cases, only deposit components are expected to apply.
Dimensions
Dimension Member Description
(Foreign)
This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates.
Data reported is not within the jurisdictional reach of Australia.