An Area of Interest Is Defined in AASB 6 As

An area of interest is defined in AASB 6 as:

A) a specific type of exploration activity as defined by either the production process, type of mineral or gas extracted, or expected future pattern of cash inflows.
B) a cost centre as defined for the purposes of tracking expenses and revenues and which is also used as a basis for completing taxation returns.
C) a specific geological area as defined by the initial geological surveys or as grouped according to the nature of the natural substance to be extracted.
D) an individual geological area which is considered to constitute a favourable environment where there may be a mineral deposit or natural gas field, or which has been proved to contain such a deposit or field.