What does B76-B79 require?

An investor considers whether a portion of an investee should be treated as a deemed separate entity. That is the case only where specified assets (and related credit enhancements) are the sole source of payment for specified liabilities or interests, parties other than those holding the specified liabilities have no rights or obligations over those assets or their cash flows, and in substance the rest of the investee cannot use any returns from them. Where the conditions hold, the investor assesses control over the silo using the same elements; a controlled silo is consolidated, and other parties exclude it when assessing control of and consolidating the rest of the investee.

AASB 10 Consolidated Financial Statements B76-B79...

Other controls in Assessing control: power, returns and the link between them (paragraphs 5 to 18, B2 to B85) – AASB 10 Consolidated Financial Statements

10-14,B9-B13 Power and relevant activities: identify the activities that most significantly drive the investee's returns and who has the existing rights, exercised or not, giving the current ability to direct them
15-16,B55-B57 Exposure to variable returns: judge whether the investor's returns can vary with the investee's performance, by substance rather than legal form, including fees, residual interests, tax and synergy benefits
17-18,B58-B72 Link between power and returns, principal or agent: a decision maker acting as agent for others does not control; decide by the scope of authority, others' rights (especially single-party removal rights), remuneration and other interests
5-9,B80-B85 Control assessment and reassessment: whatever the form of involvement, decide whether you control each investee using all three elements and all facts, recognise collective control as no control, and reassess whenever a change affects any element
B14-B21 Rights that confer power and supporting evidence: weigh voting, appointment, removal, transaction-direction and management-contract rights, and where rights alone are unclear look for practical ability, special-relationship indicators and the size of exposure
B22-B33 Substantive versus protective rights: count only rights their holder can in practice use when decisions are due, disregard rights that only protect the holder's interests (including typical franchisor rights), and remember removal rights of other parties
B34-B50 Voting rights: a majority confers power unless other arrangements or non-substantive rights defeat it; a minority may confer de facto power through size and dispersion of holdings; potential voting rights count when substantive
B51-B54 Investees not governed by votes: consider the purpose and design, involvement at set-up, contractual arrangements at inception, and rights that crystallise on particular events, and weigh any explicit or implicit commitment to keep the investee operating

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpoint All AASB 10 Consolidated Financial Statements controls