Limpopo Gambling Board Annual Report

LIMPOPO GAMBLING BOARD Annual Financial Statements for the year ended 31 March 2022 Notes to the Annual Financial Statements

2. New standards and interpretations 2.1 Standards and interpretations issued, but not yet effective The entity has not applied the following standards and interpretations, which have been published and are mandatory for the entity’s accounting periods beginning on or after 01 April 2022 or later periods: Standard/ Interpretation: Effective date: Years beginning on or after Expected impact:  GRAP 25 (as revised): Employee Benefits 01 April 2099 Unlikely there will be a material impact  Guideline: Guideline on the Application of Materiality to Financial Statements 01 April 2099 Unlikely there will be a material impact  GRAP 104 (as revised): Financial Instruments 01 April 2025 Unlikely there will be a material impact  iGRAP 21: The Effect of Past Decisions on Materiality 01 April 2023 Unlikely there will be a material impact  GRAP 2020: Improvements to the standards of GRAP 2020 01 April 2023 Unlikely there will be a material impact

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