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The Price Marking Order 2004
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- UK Statutory Instruments
- 2004 No. 102
- Article 6
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- art. 7A inserted by S.I. 2024/1055 art. 2(5)
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- art. 7A inserted by S.I. 2024/1055 art. 2(5)
Manner of indication of selling price and unit priceU.K.
6.—(1) The indication of selling price and unit price shall be in sterling.
(2) If a trader indicates his willingness to accept foreign currency in payment for a product, he shall, in addition to the required price indications in sterling:
(a)give an indication of the selling price and any unit price required for the product in the foreign currency in question together with any commission to be charged; or
(b)clearly identify the conversion rate on the basis of which the foreign currency price will be calculated together with any commission to be charged; and
indicate that such selling price, unit price or conversion rate as the case may be does not apply to transactions via a payment card to be applied to accounts denominated in currencies other than sterling, the conversion rate for which will be that applied by the relevant payment scheme which processes the transaction.
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