# Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance), Article 299: Euro

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

Where this Directive makes reference to the euro, the exchange value in national currencies to be used with effect from 31 December of each year shall be the value which applies on the last day of the preceding October for which exchange values for the euro are available in all Community currencies.

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Source: https://www.legislation.gov.uk/eudr/2009/138/article/299 (the official version)
Page: https://openlegislation.uk/eu-directive-2009-138/article-299
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.