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The Recovery of Import Duties and Export Duties (Andorra) Regulations 2010
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- UK Statutory Instruments
- 2010 No. 795
- PART 2
- Regulation 13
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Transfer of sums recovered
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13.—(1) Claims shall be recovered in UK sterling.
(2) Subject to paragraph (4), the Commissioners shall transfer in UK sterling to the applicant authority any sum recovered in respect of the request for assistance not later than one month from the date upon which recovery was effected.
(3) For the purposes of this regulation, ‘sum’ shall include any interest, including interest charged in the United Kingdom.
(4) The Commissioners and the applicant authority may agree different arrangements for the transfer of an amount where that amount is 1500 Euros or less or the UK sterling equivalent at the time of the request.
(5) For the purposes of assessing what proportion of a claim has been recovered—
(a)any amounts collected by the Commissioners in accordance with article 12(2) of the Decision shall be disregarded; and
(b)any sums recovered shall be converted into UK sterling at the rate prescribed in regulation 18(2).
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