Share your views on accounting for concessionary leases

The IPSASB issued a proposed IPSAS on leases which is based on IFRS 16 on Leases. As a result, the IPSASB has requested views on public sector issues that it should address in the next phase of the project, through a series of questions published in a Request for Information. 

Question 1: In your jurisdiction, do you have concessionary leases (or similar arrangements) as described in this RFI? If yes, please:

• Describe the nature of these leases (or similar arrangements) and their concessionary characteristics; and
• Describe the accounting treatment applied by both parties to the arrangement to these types of leases (or similar arrangements), including whether the value of the concession is reflected in the financial statements.

Access the questions and share your views here.