The Strategic Fuel Fund compiles its Annual Financial Statement in accordance with the International Financial Reporting Standards (IFRS) that prescribes that an entity must account for transactions not only on a cash basis but also on an accrual basis.
Therefore the Transfer in question is an accrued expense as a result of the application of the provisions of Section 3(A)(c) of the CEF Act applicable to the sale of Strategic Stock and that was yet to be transferred to the Equalisation Fund.