Measurement :

Where termination benefits fall due more than 12 months after the balance sheet date, they should be discounted using the discount rate specified in paragraph 78.

Provided that a Small and Medium-sized Company and a Small and Medium-sized Enterprise (Levels II and III non-corporate entities), as defined in Appendix I to this Compendium, may not discount amounts that fall due more than 12 months after the balance sheet date.