Question: what does it mean when aasb 116 saysnotwithstanding para.40, in respect of not for profit entities, revaluation increases and revaluation decreases relating to individual assets

what does it mean when aasb 116 saysnotwithstanding para.40, in respect of not for profit entities, revaluation increases and revaluation decreases relating to individual assets within a class of property,plant and equipment shall be offset against one another within that class but shall not be offset in respect of assets in different classes

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