European Communities (Finance) Act 2001
Encyclopedia
The European Communities (Finance) Act 2001 was an Act
of the Parliament of the United Kingdom
. It was given Royal Assent
and became law on 4 December 2001, but was later repealed on 19 February 2008 by the European Communities (Finance) Act 2008
.
by the Chancellor of the Exchequer
, Gordon Brown
, on 21 June 2001. The Bill was read for the third time in the House of Commons on 18 October 2001 and passed to the House of Lords
without a need for a vote. It was given Royal Assent
and became law on 4 December 2001.
meeting of 29 September 2000. It did this by amending the introductory paragraph of the European Communities Act 1972
to include reference to the 29 September 2000 decision. The Act superseded and repealed the European Communities (Finance) Act 1995, but was in turn repealed by the European Communities (Finance) Act 2008
.
Act of Parliament
An Act of Parliament is a statute enacted as primary legislation by a national or sub-national parliament. In the Republic of Ireland the term Act of the Oireachtas is used, and in the United States the term Act of Congress is used.In Commonwealth countries, the term is used both in a narrow...
of the Parliament of the United Kingdom
Parliament of the United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body in the United Kingdom, British Crown dependencies and British overseas territories, located in London...
. It was given Royal Assent
Royal Assent
The granting of royal assent refers to the method by which any constitutional monarch formally approves and promulgates an act of his or her nation's parliament, thus making it a law...
and became law on 4 December 2001, but was later repealed on 19 February 2008 by the European Communities (Finance) Act 2008
European Communities (Finance) Act 2008
The European Communities Act 2008 is an Act of the Parliament of the United Kingdom. It was given Royal Assent and became law on 19 February 2008.-Passage of the bill:...
.
Passage of the bill
The legislation was introduced to the House of Commons as the European Communities (Finance) BillBill (proposed law)
A bill is a proposed law under consideration by a legislature. A bill does not become law until it is passed by the legislature and, in most cases, approved by the executive. Once a bill has been enacted into law, it is called an act or a statute....
by the Chancellor of the Exchequer
Chancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...
, Gordon Brown
Gordon Brown
James Gordon Brown is a British Labour Party politician who was the Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 until 2010. He previously served as Chancellor of the Exchequer in the Labour Government from 1997 to 2007...
, on 21 June 2001. The Bill was read for the third time in the House of Commons on 18 October 2001 and passed to the House of Lords
House of Lords
The House of Lords is the upper house of the Parliament of the United Kingdom. Like the House of Commons, it meets in the Palace of Westminster....
without a need for a vote. It was given Royal Assent
Royal Assent
The granting of royal assent refers to the method by which any constitutional monarch formally approves and promulgates an act of his or her nation's parliament, thus making it a law...
and became law on 4 December 2001.
Effect of the Act
The Act passed into UK law the decisions on the European Union budget taken at the Council of MinistersCouncil of the European Union
The Council of the European Union is the institution in the legislature of the European Union representing the executives of member states, the other legislative body being the European Parliament. The Council is composed of twenty-seven national ministers...
meeting of 29 September 2000. It did this by amending the introductory paragraph of the European Communities Act 1972
European Communities Act 1972 (UK)
The European Communities Act 1972 is an Act of the Parliament of the United Kingdom providing for the incorporation of European Community law into the domestic law of the United Kingdom. It is not to be confused with the Irish law of the same name, Act No...
to include reference to the 29 September 2000 decision. The Act superseded and repealed the European Communities (Finance) Act 1995, but was in turn repealed by the European Communities (Finance) Act 2008
European Communities (Finance) Act 2008
The European Communities Act 2008 is an Act of the Parliament of the United Kingdom. It was given Royal Assent and became law on 19 February 2008.-Passage of the bill:...
.
External links
- theyworkforyou.com - HansardHansardHansard is the name of the printed transcripts of parliamentary debates in the Westminster system of government. It is named after Thomas Curson Hansard, an early printer and publisher of these transcripts.-Origins:...
records of Parliamentary debate relating to the Act