HC Deb 12 May 1971 vol 817 c140W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will give an assurance that his Department and Her Majesty's Government are free to uplift or revalue the price of the £ sterling at any time; whether, on any known terms of entry into the European Economic Community the same freedom of action will be allowed to Her Majesty's Government; and to what extent such action will be limited by consultation with and control by any countries of the Six or the Community as an entity on any known terms for Great Britain's entry.

Mr. Higgins

If we join the Community, we should have in these matters the same freedom of action and the same obligations to consult with our fellow members as other member States.