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PART IU.K. GENERAL IMPLEMENTING PROVISIONS

TITLE VU.K. CUSTOMS VALUE

CHAPTER 6 U.K. Provisions concerning rates of exchange

Article 170U.K.

Where a rate of exchange cannot be established under the provisions of Article 169, the rate of exchange to be used for the application of Article 35 of the Code shall be designated by the Member State concerned and shall reflect as effectively as possible the current value of the currency in question in commercial transactions in terms of the currency of that Member State.