Phoenix administration and Rate regulation: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Classify page.)
 
imported>Doug Williamson
(NEW ENTRY - in conjunction with IFRS 14 to explain terminology. Sources; http://www.ifrs.org/Current-Projects/IASB-Projects/rate-regulated-activities-interim-IFRS/Documents/Feedback-Statement-IFRS-14-January-2014.pdf and http://www.iasplus.com/en/sta)
 
Line 1: Line 1:
Where a firm is put into administration to avoid losses and get out of contracts before the profitable portion is subsequently bought back.
A framework for establishing the prices that can be charged to customers for goods and services and that framework is subject to oversight and/or approval by a rate-regulator.


For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.


== See also ==
* [[Administration order]]


[[Category:The_business_context]]
==See also==
* [[IFRS 14]]

Revision as of 14:08, 17 January 2015

A framework for establishing the prices that can be charged to customers for goods and services and that framework is subject to oversight and/or approval by a rate-regulator.

For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.


See also