Article 31 Sixth Directive 77/388/EEC
Unit of account
Title XVIII · Miscellaneous
Repealed. The Sixth Directive 77/388/EEC was repealed with effect from 1 January 2007 and replaced by Directive 2006/112/EC. Most case law before that date cites it.
Text of Article 31
1.The unit of account used in the Directive shall be the European unit of account (EUA) defined by Decision 75/250/EEC 21.
2.When converting this unit of account into national currencies, Member States shall have the option of rounding the amounts resulting from this conversion either upwards or downwards by up to 10%.
Consolidated version on EUR-Lex (CELEX 01977L0388-20060101). © European Union. Only the Official Journal is authentic.