9.2.4  Disclosures

The Australian Interpretation 129 Service Concession Arrangements: Disclosures applicable for annual periods beginning on or after 1 January 2008 requires specific PPP disclosures by grantors.  In particular, a grantor shall provide a description of the arrangement detailing its significant terms, the nature and extent of rights to use specific assets, obligations to acquire the property, renewal and termination options, the amount of revenues, profits and losses recognised in the period.