FactsAn entity is planning to sell part of its business that is deemed to be a d

FactsAn entity is planning to sell part of its business that is deemed to be a disposal group. The entity is in a business environment that is heavily regulated and any sale requires government approval. This means that the sale time is difficult to determine. Government approval cannot be obtained until a buyer is found and known for the disposal group and a firm purchase contract has been signed. However it is likely that the entity will be able to sell the disposal group within one year.RequiredWould the disposal group be classified as held for sale?