{
  "url": "https://openlegislation.uk/financial-markets-and-insolvency-ecu-contracts-regulations-1998/regulation-2",
  "json_url": "https://openlegislation.uk/financial-markets-and-insolvency-ecu-contracts-regulations-1998/regulation-2.json",
  "legislation": "uksi/1998/27",
  "legislation_title": "The Financial Markets and Insolvency (Ecu Contracts) Regulations 1998",
  "legislation_url": "https://openlegislation.uk/financial-markets-and-insolvency-ecu-contracts-regulations-1998",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": null,
  "text": "In the Financial Markets and Insolvency (Money Market) Regulations 1995 regulation 2 shall be amended as follows:\n(a) below the definition of “default rules” the following shall be inserted:\n““ecu” means the unit of account of that name defined in Council Regulation (EEC) No. 3320/94;”\n(b) the defintion of “money market contract” shall be replaced by the following—\n““money market contract” means a contract in relation to which a listed person provides settlement arrangements and which is a contract for the acquisition or disposal either of—\n(i) currency of the United Kingdom or of any other country or territory; or\n(ii) rights under a contract the value of which is determined by reference to the value of the ecu;”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1995/2049."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "OJ No. L350, 31.12.94, p.27."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/27/regulation/2",
    "retrieved_at": "2026-10-29T11:39:31.147658+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}