Regulation 12 Introduction

The Exchange Gains and Losses (Alternative Method of Calculation) Regulations 1994^f1 are modified in accordance with regulations 13 to 17 below and, as modified, continue to have effect (notwithstanding the repeal of sections 164(14) and 167(1) and (4) to (6) of, and Schedule 15 to, the Finance Act 1993 by sections 79(1)(b) and 141 of, and Part 3(10) of Schedule 40 to, the Finance Act 2002).