CERTYNEX IFRS ACADEMY

Brevane obtains from a public authority a legal right to operate a radio frequency. This right can be neither sold nor transferred to a third party. Is it identifiable within the definition of an intangible asset?

No, because a right that cannot be sold is not separable, and therefore not identifiable.

Yes, because it arises from a legal right, even if it is neither transferable nor separable.

Yes, but only if Brevane intends to sell it some day.

No, because identifiability requires an active market for the right.