§ Lord Stoddart of Swindonasked Her Majesty's Government:
Whether they will specify the details of the negotiations process necessary when Britain applies to enter the ERM of the EMS.
The Earl of CaithnessI refer the noble Lord to Section 3.2 of the resolution of the European Council of 5th December 1978 on the establishment of the European Monetary System (EMS) and related matters, a copy of which is available in the House Library.