# The Exchange Gains and Losses (Insurance Companies) (Amendment) Regulations 1997, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend regulation 7 of the Exchange Gains and Losses (Insurance Companies) Regulations 1994 (S.I. 1994/3231 as amended by S.I. 1996/673) by extending assets to which that regulation applies so as to include shares in an open-ended investment company incorporated in the United Kingdom that are denominated in a currency other than sterling.

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Source: https://www.legislation.gov.uk/uksi/1997/1155/note (the official version)
Page: https://openlegislation.uk/exchange-gains-and-losses-insurance-companies-amendment-regulations-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.