Article 5
United Kingdom
1.
Conversion of the amount of the subsidy into national currency shall be made at the specific agricultural conversion rate set by Regulation (EEC) No 3294/86.
2.
The operative date for conversion of the amount of the subsidy into national currency shall be
-
in cases of advance fixing of the amount, the day on which the advance fixing application is made,
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in cases of advance fixing by means of a tendering procedure, the last day for the submission of tenders.