Alaska Administrative Code
Title 11 - Natural Resources
Part 3 - Oil and Gas
Chapter 25 - Royalty Election Under Alaska Gasline Inducement Act
11 AAC 25.320 - Conversion of foreign currency and units of measurement
Universal Citation: 11 AK Admin Code 11 AAC 25.320
Current through August 30, 2024
(a) If a dollar amount is in Canadian dollars, it must be converted to United States dollars based on the
(1) exchange rate from the Bank
of Canada on the date of the transaction, if the transaction pertains only to
that date;
(2) relevant month's
average exchange rate from the Bank of Canada, if the transaction is not one
described in (1) of this subsection.
(b) If a quantity is designated in GigaJoules, the quantity must be converted to MMBtus.
Authority:AS 38.05.020
AS 38.05.180
AS 43.90.310
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
