Note 3.5 Other Provisions
Provision of makegood | Total | |
$ | $ | |
As at 1 July | 70,110 | 70,110 |
Additional provisions made | - | - |
Amounts used | - | - |
Amounts reversed | - | - |
Total as at 30 June 2020 | 70,110 | 70,110 |
The Commission has one lease for rental premises (2019: one) which requires restoration of the premises to their original conditions at the conclusion of the lease. The Commission has made a provision to reflect the present value of this obligation. | ||
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