Baroness Donaghy
Main Page: Baroness Donaghy (Labour - Life peer)Department Debates - View all Baroness Donaghy's debates with the Leader of the House
(6 years, 10 months ago)
Lords ChamberWe have agreed a number of important principles that will apply on how we arrive at valuations in due course. Our commitment, in terms of the numbers that are out there, is the equivalent of around four years’ full membership, two of which will be covered by the implementation period. We have agreed with the EU the scope of the UK’s commitments. The bills cannot go wider than that, and the noble Lord is absolutely right that we expect the settlement to come in significantly below many of the initial projections made.
My Lords, will the Leader of the House tell us what will be implemented during the implementation period?
The implementation period will ensure that the changes necessary for the new relationship will be put in place, as well, as I have said, as a framework based on the existing structure of EU rules and regulations.