Article 37 Amounts in euros
For section 25B of the 1965 Actf1 (special drawing rights) substitute—
“Amounts in euros
25BThe equivalent in sterling on a particular day of a sum expressed in euros is determined by converting the sum in euros into its equivalent in sterling using the London closing exchange rate for the euro and sterling for that day.”
Annotations
Footnotes
- f1
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Section 25B was inserted by the Energy Act 1983 c.25, section 30.