The United Kingdom shall be authorised to pay the compensatory aid referred to in Article 5 of Regulation (EC) No 2799/98 as a result of the reduction recorded on the operative event date of 1 July 2001 in the exchange rate for the pound sterling compared to the rate previously applicable.
The maximum amounts of the first tranche of the aid are given in the Annex hereto.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 1 of Commission Regulation (EC) No 1966/2001 (LawPlayer, data as of 2026-07-04)