Provision $1$

A provision of R$55000$ for the dismantling of non$-$current assets classified as held for sale under IFRS$5.$

Provision $2$

A provision of R$1500000$ for severance pay to employees was raised due to the planned restructuring of the company. The entity has a detailed formal restructuring plan in place, and all affected parties are fully informed of the consequences of the upcoming restructuring

Provision $3$

A provision of R$125000$ for repairs and maintenance of property, plant and equipment that are planned to occur in January $2024$

Provision $4$

A provision of R$527000$ for repairs of sales that are under warranty.The sales happened during the period June to December $2023.$ The R$527000$ was found to be a reliable estimate of the potential repairs.

Required

Discuss whether each of the provisions made by the entity are valid provisions as at $31$ December $2023$ to comply with the requirements of International Financial Reporting Standards. Include reasons for each item