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Paragraph 8 Disposable capital - foreign currency resourcesI1

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where disposable capital is held in currency other than sterling, the cost of any banking charge or commission that would be payable if that amount were converted into sterling, is deducted from its value.

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Commencement

I1

Sch. para. 8 in force at 7.10.2013, see art. 1