[254 Use of currency]
Finance (No 2) Act 2023 (2023 c 30) | Legislation

[254  Use of currency]

[(1)     Calculations under this Part in relation to a multinational group, or any member of such a group, are to be carried out in the currency of the consolidated financial statements of the ultimate parent (“the CFS currency”).

(2)     Where it is necessary to convert an amount into the CFS currency, that conversion is to be made in accordance with

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