IFRIC 12:7 envisages that under certain service concession arrangements the operator does not undertake construction or upgrade activities, but instead the grantor gives the operator access to existing infrastructure for the purpose of the service arrangement. [IFRIC 12:7(b)] However, IFRIC 12 does not deal specifically with situations in which a service concession arrangement consists only […]
The post Arrangements that do not give rise to construction or upgrade services appeared first on The Guardian Nigeria News – Nigeria and World News.
Source: Guardian Newspaper
