The uniform continuity theorem states that every pointwise continuous real‐valued function on the unit interval is uniformly continuous. In constructive mathematics, is strictly stronger than the decidable fan theorem, but Loeb [17] has shown that the two principles become equivalent by encoding continuous real‐valued functions as type‐one functions. However, the precise relation between such type‐one functions and continuous real‐valued functions (usually described as type‐two objects) has been unknown. In this paper, we introduce an appropriate notion of continuity for a modulus (...) of a continuous real‐valued function on [0, 1], and show that real‐valued functions with continuous moduli are exactly those functions induced by Loeb's codes. Our characterisation relies on two assumptions: (1) real numbers are represented by regular sequences (equivalently Cauchy sequences with explicitly given moduli); (2) the continuity of a modulus is defined with respect to the product metric on the regular sequences inherited from the Baire space. Our result implies that is equivalent to the statement that every pointwise continuous real‐valued function on [0, 1] with a continuous modulus is uniformly continuous. We also show that is equivalent to a similar principle for real‐valued functions on the Cantor space. These results extend Berger's [2] characterisation of for integer‐valued functions on and unify some characterisations of in terms of functions having continuous moduli. (shrink)