# The Foreign Compensation (People’s Republic of China) Order 1987, Article 15


For the purposes of this Part of the Order:—
(a) the value to be assigned to a bond denominated in sterling shall be the amount specified as the nominal capital value on the bond;
(b) the value to be assigned to a bond denominated in a currency other than sterling but bearing on its face the sterling equivalent of its nominal capital value shall be taken to be the amount so specified in sterling;
(c) the value to be assigned to any other bond denominated in a currency other than sterling shall be the amount of that currency specified as the nominal capital value on the bond converted at the rate of exchange ruling between that currency and sterling on the date of issue of the bond.

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Source: https://www.legislation.gov.uk/uksi/1987/2201/article/15 (the official version)
Page: https://openlegislation.uk/foreign-compensation-peoples-republic-of-china-order-1987/article-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.