# Finance (No. 2) Act 2017, Paragraph 4


(1) In paragraphs 5 to 8 “the loan currency”, in relation to a loan, means the currency in which the initial principal amount of the loan is denominated (whether or not that amount is paid in that currency).
(2) For the purposes of paragraphs 5 to 8, the value of an amount in a particular currency is to be determined by reference to an appropriate spot rate of exchange.

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Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/12/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-12/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.