# The Exchange Gains and Losses (Transitional Provisions and Savings) Regulations 2002, Regulation 16: Modification of regulation 11


In regulation 11 after paragraph (1) insert—
“(1A) Notwithstanding the following provisions of this regulation, an election made under regulation 10 or this regulation—
(a) shall have effect only in relation to accounting periods beginning before 1st October 2002, and
(b) an election which specifies a day as the day from which the election is to have effect must specify a day that falls within an accounting period beginning before 1st October 2002.”.

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Source: https://www.legislation.gov.uk/uksi/2002/1969/regulation/16 (the official version)
Page: https://openlegislation.uk/exchange-gains-and-losses-transitional-provisions-and-savings-regulations-2002/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.