HL Deb 02 November 1995 vol 566 cc171-2WA
Lord Bruce of Donington

asked Her Majesty's Government:

Which of the member states of the European Union have not yet complied with Article 73(b) of the treaty establishing the European Community.

Lord Mackay of Ardbrecknish

All member states comply with Article 73(b). However, in conformity with the treaty, Austria, Denmark, Finland and Sweden retain restrictions on the acquisition of real estate. Article 73(c) also allows member states to maintain restrictions on capital movements which existed on 31 December 1993 against third countries. Only Luxembourg has no such restrictions.