This regulatory document establishes the legal framework for the application and administration of positive Monetary Compensatory Amounts (MCAs) within the United Kingdom's customs and excise system. The regulations were issued by the British government to align domestic trade practices with European Economic Community directives regarding currency fluctuations and agricultural trade. It provides the specific statutory instruments required to calculate and collect these compensatory levies on imported and exported goods.

Legal professionals and historians of trade policy utilize this document as a primary source for understanding the technical implementation of 1980s agricultural trade regulations. Readers frequently note the high level of technical density and the specific, narrow scope of the statutory language.