Customs (Valuation of Imported Goods) Rules, 2001 · s 13

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s 13

Where the conversion of currency is necessary for the determination of the customs value, the rate of exchange to be used shall be that which is published on a weekly basis and issued by the Brunei Association of Banks and shall reflect as effectively as possible, in respect of the period covered by each such document of publication, the current value of such currency in commercial transactions in terms of the currency of Brunei Darussalam.

Effective conversion rate.