IFRS 5 deals with non-current assets held for sale, held for distribution to owners and with presentation of discontinued operations. IFRS 5 applies to all recognised non-current assets and to all disposal groups. There are certain scope exceptions listed in paragraph IFRS 5.5, but they relate to measurement only.
Sale transactions include exchanges of non-current assets for other non-current assets when the exchange has commercial substance in accordance with IAS 16.