HC Deb 17 December 1984 vol 70 cc64-5W
Mr. Marlow

asked the Chancellor of the Exchequer in what way the Fontainebleau own resources formula and United Kingdom rebate for 1984 are linked to an agreement by the United Kingdom Parliament to a reimburseable loan for the 1984 European Economic Community Budget.

Mr. Ian Stewart

The Fontainebleau own resources formula and the United Kingdom rebate for 1984 were not made conditional on the United Kingdom Parliament's agreement to supplementary finance for the 1984 EEC Budget.

Mr. Marlow

asked the Chancellor of the Exchequer to what extent United Kingdom agreement to a reimburse-able loan extending 1984 Community expenditure will lead to an increase in United Kingdom net contributions for 1984 and in total.

Mr. Ian Stewart

The United Kingdom's gross contribution to Community institutions in 1984–85 will be increased by £119 million. This advance will be substantially offset by agricultural receipts.

Mr. Marlow

asked the Chancellor of the Exchequer when, and how, the reimburseable loan to the European Economic Community is to be paid and repaid.

Mr. Ian Stewart

The United Kingdom's proposed advance to the Community under the inter-Governmental agreement will not be paid before there is Parliamentary authority for that. The Commission has undertaken to make proposals in due course for reimbursement.

Mr. Marlow

asked the Chancellor of the Exchequer if he will list his powers to make payment to the European Economic Community of a reimbursable loan for commitments in excess of the 1 per cent. value added tax ceiling.

Mr. Ian Stewart

No payment of the United Kingdom's proposed advance to the Community under the inter-Governmental agreement of 2–3 October will be made without Parliament's authority.