The Common Agricultural Policy (Control and Enforcement, Cross-Compliance, Scrutiny of Transactions and Appeals) Regulations 2014
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Change 1
34 Exchange rate for direct payments
For the purposes of Article 106(3) of the Horizontal Regulation, as it applies to claim years prior to 2020, the amount of aid expressed in euro is to be converted into sterling on the basis of the average of the exchange rates set by the European Central Bank during the month prior to 1st October of the year in respect of which the aid is granted.
34 Exchange rate for direct payments
For the purposes of Article 106(3) of the Horizontal Regulation, as it applies to claim years prior to 2020, the amount of aid expressed in euro is to be converted into sterling on the basis of the average of the exchange rates set by the European Central Bank during the month prior to 1st October of the year in respect of which the aid is granted.
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