# Finance (No. 2) Act 2017, Paragraph 14


(1) Paragraphs 15 to 18 apply where P makes a quasi-loan to a relevant person by reason of acquiring a right to a payment in a particular currency (the “quasi-loan currency”).
(2) For the purposes of paragraphs 15 to 18, the value of an amount in a particular currency is to be determined by reference to an appropriate spot rate of exchange.

---
Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/11/paragraph/14 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-11/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.