# Council Regulation (EC) No 974/98 of 3 May 1998 on the introduction of the euro, Article 16

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

In accordance with the laws or practices of participating Member States, the respective issuers of banknotes and coins shall continue to accept, against euro at the conversion rate, the banknotes and coins previously issued by them.

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Source: https://www.legislation.gov.uk/eur/1998/974/article/16 (the official version)
Page: https://openlegislation.uk/eu-regulation-1998-974/article-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.