S.L. 234.16 Art. 10Units of account.

(1) For the purpose of converting the amounts mentioned in Articles 6 and 7 of the Convention from Special Drawing Rights into Euros, one Special Drawing Right shall be treated as equal to such a sum in Euros as the International Monetary Fund has fixed as being the equivalent of one Special Drawing Right for -

(a) the relevant date under paragraph 1 of Article 8 of the Convention; or

(b) if no sum has been so fixed for that date, the last preceding date for which a sum has been so fixed.

(2) A certificate given by or on behalf of the Minister stating -

(a) that a particular sum in Euros has been fixed as mentioned in subregulation (1) for a particular date; or

(b) that no sum has been so fixed for that date and that a particular sum in Euros has been so fixed for a date purporting to be such a certificate shall, in any proceedings, be received in evidence and, unless the contrary is proved, be deemed to be such a certificate.