Hong Kong Ordinances
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INTRODUCTION OF THE EURO ORDINANCE - SECT 3
References to ECU after introduction of Euro
(1) On the introduction of the Euro, where any legal obligation refers
(whether directly or indirectly) to the ECU as defined in the European Council
Regulation No. 3320/94, then that reference shall be deemed to be a reference
to the Euro at a rate of one Euro to one ECU.
(2) For the purposes of subsection (1), a reference in a legal obligation to
the ECU shall be presumed to be a reference to the ECU as defined in the
European Council Regulation No. 3320/94 unless it is otherwise expressly
agreed or provided.
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