European Communities (Finance) Act 2008
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| Long title | An Act to amend the definition of "the Treaties" and "the Community Treaties" in section 1(2) of the European Communities Act 1972 so as to include the decision of 7 June 2007 of the Council on the Communities' system of own resources. |
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| Citation | 2008 c. 1 |
| Introduced by | Alistair Darling[2] |
| Territorial extent | England and Wales; Scotland; Northern Ireland |
| Dates | |
| Royal assent | 19 February 2008[3] |
| Commencement | 19 February 2008[4] |
| Other legislation | |
| Relates to |
European Communities Act 1972 European Communities (Finance) Act 2001 |
Status: Current legislation | |
| History of passage through Parliament | |
| Text of statute as originally enacted | |
| Revised text of statute as amended | |
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| Part of a series of articles on the |
| United Kingdom in the European Union |
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The European Communities (Finance) Act 2008 (c. 1) is an Act of the Parliament of the United Kingdom. It was given Royal Assent and became law on 19 February 2008.[3]
Passage
The legislation was introduced to the House of Commons as the European Communities (Finance) Bill by the Chancellor of the Exchequer, Alistair Darling, on 7 November 2007.[2] The Bill was read for the third time in the House of Commons on 15 January 2008 and passed to the House of Lords with a vote of 309 for to 208 against.[5]
Effect
The Act passes into UK law the decisions on the European Union budget taken at the European Council meeting of December 2005 as recorded in the Council's Decision of 7 June 2007 on the system of the European Communities’ own resources.[6][7] It does this by amending the introductory paragraph of the European Communities Act 1972 to include reference to the 7 June 2007 decision.[8] The Act supersedes and repeals the European Communities (Finance) Act 2001.[9]
On 22 May 2008, in answer to a Parliamentary question by Lord Burnett, Lord Davies of Oldham provided an estimate on the additional costs to Her Majesty's Treasury as a result of the Act. The total cost was estimated at between £6.3 billion and £7.2 billion for the financial period 2007 to 2013.[10]
References
- ↑ The citation of this Act by this short title is authorised by section 2(2) of this Act.
- 1 2 "HC Hansard Volume 467 Part 2 Column 142". Hansard. Parliament of the United Kingdom. 7 November 2007. Retrieved 2008-08-30.
- 1 2 "HL Hansard Volume 699 Part 50 Column 125". Hansard. Parliament of the United Kingdom. 19 February 2008. Retrieved 2008-08-30.
- ↑ The Interpretation Act 1978, section 4(b)
- ↑ "HC Hansard Volume 470 Part 31 Column 895". Hansard. Parliament of the United Kingdom. 15 January 2008. Retrieved 2008-08-30.
- ↑ "European Communities (Finance) Bill 2007-08". Parliament of the United Kingdom. Retrieved 2008-08-30.
- ↑ "Council's Decision of 7 June 2007 on the system of the European Communities' own resources" (PDF). Official Journal of the European Union. EUR-Lex. 50 (L163): 17–21. 23 June 2007. ISSN 1725-2555. Retrieved 2008-08-30.
- ↑ European Communities (Finance) Act 2008, Section 1
- ↑ European Communities (Finance) Act 2008, Section 2
- ↑ "HL Hansard Volume 701 Part 98 Column WA214". Hansard. Parliament of the United Kingdom. 22 May 2008. Retrieved 2008-08-31.