This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Service Concession Arrangements

Date recorded:

The discussion of Service Concession Arrangements was educational in nature, and no decisions were made. Staff explained to the Board the issues dealt with by IFRIC in developing draft interpretations on such arrangements. The following were the key issues that emerged from this session:

  • There was some consensus amongst the Board that the word 'concession' should be defined.
  • Guidance on the distinguishing factors between the notions of right of use and right of access should be explored further.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.