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Article 37 Amounts in euros

Original text. Later amendments are not shown.

For section 25B of the 1965 Actf1 (special drawing rights) substitute—

“Amounts in euros

25B

The 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

Section 25B was inserted by the Energy Act 1983 c.25, section 30.