# Council Decision of 10 July 2007 in accordance with Article 122(2) of the Treaty on the adoption by Cyprus of the single currency on 1 January 2008 (2007/503/EC), Article 1

Extent: E+W+S+N.I.

Cyprus fulfils the necessary conditions for the adoption of the single currency. The derogation in favour of Cyprus referred to in Article 4 of the 2003 Act of Accession shall be abrogated with effect from 1 January 2008.

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Source: https://www.legislation.gov.uk/eudn/2007/503/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2007-503/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.