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The School Milk (Wales) Regulations 2001
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- 2001 No. 275 (W. 11)
- Regulation 8
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Applicable exchange rate
8.—(1) For the purposes of calculating national aid in sterling, the National Assembly shall determine and may, subject to paragraph (2), periodically revise, the sterling / euro rate of exchange to be applied to the calculation.
(2) Prior to any proposed revision of the sterling / euro rate of exchange in accordance with paragraph (1), the National Assembly shall provide claimants with at least 14 days written notice of the revised rate to be applied.
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