{
  "url": "https://openlegislation.uk/eu-directive-1988-361/annex-V",
  "json_url": "https://openlegislation.uk/eu-directive-1988-361/annex-V.json",
  "legislation": "eudr/1988/361",
  "legislation_title": "Council Directive of 24 June 1988 for the implementation of Article 67 of the Treaty (88/361/EEC)",
  "legislation_url": "https://openlegislation.uk/eu-directive-1988-361",
  "path": "annex/V",
  "kind": "annex",
  "number": "V",
  "heading": null,
  "text": "Since the dual exchange market system, as operated by the Kingdom of Belgium and the Grand Duchy of Luxembourg, has not had the effect of restricting capital movements but nevertheless constitutes an anomaly in the EMS and should therefore be brought to an end in the interests of effective implementation of the Directive and with a view to strengthening the European Monetary System, these two Member States undertake to abolish it by 31 December 1992. They also undertake to administer the system, until such time as it is abolished, on the basis of procedures which will still ensure the de facto free movement of capital on such conditions that the exchange rates ruling on the two markets show no appreciable and lasting differences.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/1988/361/annex/V",
    "retrieved_at": "2026-11-01T15:23:31.505532+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}