Goto Section: 3.45 | 3.47 | Table of Contents

FCC 3.46
Revised as of September 1, 2021
Goto Year:2020 | 2022
  §  3.46   Use of gold francs.

   An accounting authority must accept accounts presented to it from
   foreign administrations in gold francs. These gold francs must be
   converted on the date of receipt of the bill to the applicable Special
   Drawing Right (SDR) rate (as published by the International Monetary
   Fund) on that date utilizing the linking coefficient of 3.061 gold
   francs = 1 SDR. An equivalent amount in U.S. dollars must be paid to
   the foreign administration. Upon written concurrence by the FCC, an
   accounting authority may make separate agreements, in writing, with
   foreign administrations or their agents for alternative settlement
   methods, in accordance with ITU-T Recommendation D.195.


Goto Section: 3.45 | 3.47

Goto Year: 2020 | 2022
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