Lord Ryder of Wensum
Main Page: Lord Ryder of Wensum (Conservative - Life peer)Department Debates - View all Lord Ryder of Wensum's debates with the HM Treasury
Wednesday 27th October 2010
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(13 years, 8 months ago)
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Lord Ryder of Wensum
My Lords, what precisely are the sanctions for non-compliance referred to by my noble friend?
Lord Sassoon
My Lords, the critical point is that the sanctions that apply apply only to the eurozone members. They do not apply to the UK, which has a specific carve-out and will continue to have a carve-out, as now reconfirmed. There are no sanctions that apply to the UK.