CHAPTER IIFINANCIAL MANAGEMENT
F6Article 11Applicable exchange rate for drawing up declarations of expenditure
1.
In accordance with Article 106(4) of Regulation (EU) No 1306/2013, as regards F1direct payment supportF4CMO support, for drawing up their declarations of expenditure, F2the relevant authority may choose to express that expenditure in either euro or sterling and shall apply the same exchange rate as that which they used to make payments to beneficiaries or receive revenue, in accordance with Chapter V and the sectoral agricultural legislation. F3...
F52.
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