There are currently no known outstanding effects for the Finance (No. 2) Act 2017, Cross Heading: Repayments in currencies other than the loan currency.
8(1)This paragraph applies in relation to a loan where—U.K.
(a)payments in money are made by way of repayment of principal under the loan, and
(b)some or all of the payments are made in a currency other than the loan currency.
(2)But this paragraph does not apply if paragraph 10 applies in relation to the loan.
(3)For the purposes of calculating the repayment amount in relation to the loan, the amount of each of the payments referred to in sub-paragraph (1)(b) is an amount equal to its value in the loan currency on the date it is made.
Mae’r holl gynnwys ar gael dan Drwydded Llywodraeth Agored v3.0 ac eithrio ble nodir yn wahanol. Yn ychwanegol mae’r safle hwn â chynnwys sy’n deillio o EUR-Lex, a ailddefnyddiwyd dan delerau Penderfyniad y Comisiwn 2011/833/EU ar ailddefnyddio dogfennau o sefydliadau’r UE. Am ragor o wybodaeth gweler ddatganiad cyhoeddus Swyddfa Gyhoeddiadau’r UE ar ailddefnyddio.
