§ 29. Mr. Molloyasked the Chancellor of the Exchequer if he will make available in the form of addenda to Command Paper No. 4715 the detailed calculations upon which he has based his judgment that neither the United Kingdom contribution to, nor the receipts from, the Community budget are susceptible to valid estimation at this stage.
§ Mr. Maurice MacmillanThe White Paper contained estimates for our budget contribution and receipts in the transitional period. The reasons why similar estimates cannot be made for the 1980s were explained in paragraph 95 of the White Paper, to which I have nothing to add.
§ 30. Mr. Dixonasked the Chancellor of the Exchequer what measures, he proposes to take to prevent leakages of capital from the United Kingdom to third countries if the restrictions on portfolio investment to Common Market countries are removed.
§ Mr. BarberI must ask my hon. Friend to await details announcement of the measures to be taken until nearer the time when they may be required. This could be up to 6½ years away yet.
§ Dr. Gilbertasked the Chancellor of the Exchequer what percentage of the 53W gross national product of a Community of Seven would the United Kingdom's budgetary contribution set out in paragraphs 92 and 93 of the White Paper Command No. 4715, represent.
§ Mr. Maurice MacmillanThe United Kingdom's gross contribution to the Community budget would represent about 005 per cent. of the aggregate gross national product of a Community of Seven in 1973, rising to about 0.125 per cent. in 1977. This would represent about 9 per cent. of the Community budget in 1973, rising to about 20 per cent. in 1977.
§ Mr. Arthur Lewisasked the Chancellor of the Exchequer to what extent on the present known terms of Great Britain's possible entry into the European Economic Community the financial provision on the free flow of capital and investments will affect the position of British taxpayers who settle in the Channel Isles; and how this will affect their income tax and death duties arrangements.
§ Mr. HigginsNot at all.
§ Mr. Arthur Lewisasked the Chancellor of the Exchequer whether he will issue a further White Paper on the United Kingdom and the European Communities for the purpose of replacing items (5), (6) and (7) in Table 2 on page 24 of Command Paper No. 4715 with positive figures rather than possible estimates.
§ Mr. HigginsNo: The basis for the estimates is fully explained in the While Paper.