# The Exchange Gains and Losses (Bringing into Account Gains or Losses) (Amendment) Regulations 2015, Regulation 2: Amendments to the Exchange Gains and Losses (Bringing into Account Gains or Losses) Regulations 2002


(1) The Exchange Gains and Losses (Bringing into Account Gains or Losses) Regulations 2002 are amended as follows.
(2) In regulation 4—
(a) in paragraph (1) for “paragraph (4)” substitute “paragraphs (4) and (5)”, and
(b) at the end insert—
“(5) Paragraph (1) does not apply so far as the net gain or net loss falls to be brought into account apart from this regulation or regulation 6.”.
(3) In regulation 13—
(a) in paragraph (1), at the start insert “subject to paragraph (3A),”, and
(b) after paragraph (3) insert—
“(3A) This regulation does not apply so far as the net gain or net loss falls to be brought into account apart from this regulation.”.

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Source: https://www.legislation.gov.uk/uksi/2015/1960/regulation/2 (the official version)
Page: https://openlegislation.uk/exchange-gains-and-losses-bringing-into-account-gains-or-losses-amendment-regulations-2015/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.