The Commission Regulation (EU) No 2021/1421 of 30 August 2021, published in the Official Journal of the European Union L 305 on 31 August 2021, adopts “Covid-19-Related Rent Concessions beyond 30 June 2021 (Amendment to IFRS 16)”.

Each company shall apply the amendments as from 1 April 2021 for financial years starting, at the latest, on or after 1 January 2021.