# Finance Act 2014, Section 191: Amounts not in sterling


(1) If any amount of stake money, gaming payment, winnings or prize is in a currency or method of payment other than sterling, it is to be treated for the purposes of this Part as being the equivalent amount in sterling.
(2) The equivalent amount in sterling, in relation to any day, is to be determined by reference to—
(a) the London closing exchange rate for the previous day, or
(b) if no such rate exists, the rate specified in or determined in accordance with a notice published by the Commissioners.

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Source: https://www.legislation.gov.uk/ukpga/2014/26/section/191 (the official version)
Page: https://openlegislation.uk/finance-act-2014/section-191
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.