§ Mr. Deakinsasked the Chancellor of the Exchequer if the correction formula for United Kingdom budgetary contribution to the EEC, agreed at Fontainebleau, will continue unchanged if the value added tax ceiling is raised to 1.6 per cent.; and if he will make a statement.
§ Mr. BrookeThis question is hypothetical. Disregarding that, however, neither the VAT ceiling nor the correction formula for the United Kingdom can be changed without the consent of the Governments and Parliaments of all member states, including the United Kingdom.