# Commission Delegated Regulation (EU) No 907/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro, Article 20: Use of euro

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

(1.) Securities shall be constituted in euro or sterling.
(2.) ..., the amount of the security in euro shall be converted into sterling in accordance with the provisions of Chapter V. The undertaking corresponding to the security and any amount withheld in the event of irregularities or breaches shall remain fixed in euro or sterling.

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Source: https://www.legislation.gov.uk/eur/2014/907/article/20 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-907/article-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.