HC Deb 24 March 1999 vol 328 cc398-9 Resolved, That this House takes note of the unnumbered Explanatory Memorandum submitted by the Department of Trade and Industry on 17th April 1998 relating to reform of the Structural Funds, the unnumbered Explanatory Memorandum submitted by the Department of Trade and Industry on 17th April 1998 relating to Agenda 2000, reform of the Cohesion Fund, and European Union Document No. 5480/99, an amended draft Council Regulation on the European Regional Fund; and supports the Government's view that reform of the European Structural and Cohesion Funds is essential in preparation for enlargement and should be concluded by a fair, affordable and durable outcome for all Member States; agrees that the Cohesion Fund is no longer justified where Member States have been admitted to Stage 3 of EMU, and should be phased out as soon as possible, and that the European Development Fund Regulation provides a suitable basis for the use of that Fund.—[Mr. Dowd.]