SIC D27
Date recorded:
GMT+0
Location:
London
The Board was informed that the Standing Interpretations Committee is reconsidering SIC-D27, Transactions in the Legal form of a Lease and Leaseback (to base it more on a general principle rather than a specific fact pattern) and the proposed SIC-D28, Business combinations--Measurement of Shares issued as Purchase Consideration (similar interpretations have recently been issued in several national jurisdictions).