European Union (Finance) Bill Debate

Full Debate: Read Full Debate
Department: HM Treasury
Tuesday 23rd June 2015

(9 years, 4 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Question proposed, That the clause stand part of the Bill.
Gary Streeter Portrait The Temporary Chair (Mr Gary Streeter)
- Hansard - -

With this it will be convenient to discuss the following:

Amendment 1, in clause 2, page 1, line 18, leave out subsection (3).

This amendment removes the automatic coming into force of the Act two months after it is passed, which would be incompatible with any of the new Clauses.

Clause 2 stand part.

New clause 1—Report on level of EU budget spending

“(1) This Act shall come into force on such day as the Treasury shall by order specify.

(2) The day specified in the order made under subsection (1) shall not be earlier than 14 days after the date on which the condition has been satisfied.

(3) The condition referred to in subsection (2) is that the Treasury shall have laid before both Houses of Parliament a copy of a communication sent by the Treasury to the European Commission requesting a review by the European Commission of the basis of appropriations for the European Union budget, and in particular—

(a) a comparative analysis of commitment or payment as the basis for appropriations, and

(b) a study of whether alternative arrangements might offer in the longer term improved value and enhanced budgetary control.”

The Clause requires Ministers to seek a European Commission study of whether alternative approaches to funding EU activities would offer better value for money and improved budgetary control.

New clause 2—Reform of priorities within the EU budget

“(1) This Act shall come into force on such day as the Treasury shall by order specify.

(2) The day specified in the order made under subsection (1) shall not be earlier than 14 days after the date on which the condition has been satisfied.

(3) The condition referred to in subsection (2) is that the Secretary of State shall have laid before both Houses of Parliament a copy of a communication sent by the Secretary of State to the President of the European Council requesting a fundamental review by the Council of Ministers to be completed before 31 December 2015 of budget priorities, waste and inefficiency within the European Union budget.”

The Clause requires Ministers to seek a Council of Ministers review of budget priorities, waste and inefficiency within the EU budget to be completed by the end of 2015.

New clause 3—Accountability and transparency

“(1) This Act shall come into force on such day as the Treasury shall by order specify.

(2) The day specified in the order made under subsection (1) shall not be earlier than 14 days after the date on which the condition has been satisfied.

(3) The condition referred to in subsection (2) is that the Secretary of State shall have laid before both Houses of Parliament a copy of a communication sent by the Secretary of State to the President of the European Commission inviting officials to provide the relevant European affairs select committee in each House of Parliament with details of the draft European budget for each financial year before the draft European budget is agreed in the Council of Ministers.”

The Clause would require Ministers to invite European Commission budget representatives to provide details of the draft European budget to the House of Commons European Scrutiny Committee and the House of Lords European Union Committee each year before the EU budget is agreed.