{
  "url": "https://openlegislation.uk/overseas-service-pensions-supplement-amendment-regulations-1996/regulation-4",
  "json_url": "https://openlegislation.uk/overseas-service-pensions-supplement-amendment-regulations-1996/regulation-4.json",
  "legislation": "uksi/1996/1476",
  "legislation_title": "The Overseas Service (Pensions Supplement) (Amendment) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/overseas-service-pensions-supplement-amendment-regulations-1996",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Amendment of the principal Regulations",
  "text": "After regulation 19 of the principal Regulations there shall be inserted the following regulation:–\n“Exchange rate loss\n19A (1) In the case of a pension payable in a currency other than sterling, where the current sterling value of the increasable rate of the pension calculated using the rate of exchange provided in regulation 20 is less than its sterling value calculated using the rate of exchange provided in regulation 22, the amount of the difference shall be the exchange rate loss for the purpose of regulation 18.\n(2) Paragraph (1) shall also apply to a pension which is treated as payable in a currency other than sterling by virtue of regulation 5, but not if it is converted into sterling for the purpose of payment at the rate of exchange specified in a Public Officers' Agreement concluded between Her Majesty’s Government in the United Kingdom and the government of an overseas territory.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/1476/regulation/4",
    "retrieved_at": "2026-10-29T12:42:25.752832+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."
}