17. Currency exchange rate

(1) For the purposes of making a claim under section 481(2G)(b)(i) of the Act of 1997, the currency rate of exchange to be applied to budgeted expenditure on the production of a qualifying film, shall be the rate on the day the claim is made.

(2) The currency rate of exchange for expenditure on the production of a qualifying film, shall be calculated in accordance with section 79 of the Act of 1997 for the purposes of a claim under section 481(2G)(b)(ii) of that Act.