§ Mr. Deakinsasked the Chancellor of the Exchequer if he will make a statement about the reported loss of £50 million from common agricultural policy funds in 1970; and what measures he is proposing to the EEC to prevent a recurrence of such loss.
§ Mr. NottI am not aware of any evidence that an amount of this order has been lost. The question of losses from FEOGA funds in 1970 is at present being considered by the European Assembly in its review of the accounts for that year and the audit board's report on them. Together with our partners in the Community, we shall be keeping under review the effectiveness of arrangements for control and audit of Community expenditure.