{
  "url": "https://openlegislation.uk/exchange-gains-and-losses-insurance-companies-amendment-regulations-1997/regulation-4",
  "json_url": "https://openlegislation.uk/exchange-gains-and-losses-insurance-companies-amendment-regulations-1997/regulation-4.json",
  "legislation": "uksi/1997/1155",
  "legislation_title": "The Exchange Gains and Losses (Insurance Companies) (Amendment) Regulations 1997",
  "legislation_url": "https://openlegislation.uk/exchange-gains-and-losses-insurance-companies-amendment-regulations-1997",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": null,
  "text": "In paragraph (11) of regulation 7 after the words “such a currency” there shall be added the words “; and shares of a given class in an open-ended investment company shall be taken to be denominated in a currency other than sterling if the price at which they may be acquired from, or disposed of to, the company or its authorised corporate director is fixed by the company or director in a currency other than sterling, or (as the case may be) the price or prices at which they are quoted in The Stock Exchange Daily Official List is in a currency other than sterling.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/1155/regulation/4",
    "retrieved_at": "2026-10-29T12:09:01.142203+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}