REVALUATIONS

Hi there.
If an asset is revalued for the second time and there is a revaluation increase. The same asset was previsously revalued with a gain.

My question is should I still carry it at revalued amount at second time with an increase in OCI or I carry it at it’s carrying amount as at the date of second time revaluation.

Because under IAS 36 entities are not required to carry assets at amounts greater than their recoverable amounts. On second time the Fair value ( recoverable amount in this case is higher than carrying amount thus no impairment).

Should I carry the asset at it’s new Fair value and carry a gain to OCI or carry it at it’s carrying amount.

Thanks