HC Deb 26 May 1977 vol 932 c565W
Mr. Lee

asked the Chancellor of the Exchequer what are his estimates of the amounts of revenue for each commodity subject to levy under the common agricultural policy that will be transferred to the funds of the Common Market for the first year after full United Kingdom integration into the Common Market.

Mr. Robert Sheldon

Under the terms of the Treaty of Accession the transitional period to the application of the full own resources system by the United Kingdom runs to 1980. It is not possible to produce meaningful estimates of agricultural prices of rates of levy so far ahead.