The Commission of European Communities has adopted:

– IFRS 1 First time adoption of international financial reporting standards (restructured in 2008), that replaced International Financial Reporting Standard (IFRS) 1 First-time adoption of international
financial reporting standards

– IFRIC 17 – IFRIC Interpretation 17 – Distributions of Non-cash Assets to Owners

Quick links to related documents:

IFRS 1 – First-time adoption of international financial reporting standards – http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:311:0006:0020:EN:PDF

– IFRIC 17 – IFRIC Interpretation 17 – Distributions of Non-cash Assets to Owners – http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:312:0008:0013:EN:PDF