FRSIC Consensus 5 – Split Of The Minimum Lease Payments Between The Land And The Building Elements (27 March 2008)

The effective date of the application of this FRSIC CONSENSUS was 27 March 2008.

The release of FRSIC Consensus 5 – Split Of The Minimum Lease Payments Between The Land And The Building Elements provides guidance, on various methods adopted by the professional valuers or internal experts of a reporting entity in the allocation of the minimum lease payments to the land element and the buildings element is in accordance with the provisions of FRS 117.16.

You can download FRISC Consensus 5 here: http://www.frsic.my/consensus_consensus.asp

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