§ Mr. Teddy Taylorasked the Chancellor of the Exchequer (1) what estimate he has made of the net contribution which the United Kingdom will make to the European Community in respect of the year 1983, after 31W taking account of the rebate for 1983, payable in 1984, which was agreed at the Stuttgart meeting of the European Council in June;
(2) if he will make a statement outlining the effect of the conclusion of the European Council on 17 to 19 June on compensation to the United Kingdom for 1983; and if the rebate of 750 million ecu will fall to be paid irrespective of the degree of progress made by the Council on the future financing of the Community referred to in the second paragraph of the conclusion.
§ Mr. RidleyOn the basis of the Commission's estimate of our net contribution before refunds to the allocated budget, our net contribution after payment of the 750 million ecus net refund agreed at the European Council will be 1,150 million ecus (about £670 million). The agreement on the 750 million ecus was taken in the context of the adoption by the European Council at Stuttgart of the conclusions about the longer term. The implementation of the arrangements is now separate.