HC Deb 27 October 1986 vol 103 c52W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer what is the latest estimate of European Economic Community spending in 1986; and what is the maximum level of spending permitted under the revised own resources base as agreed at the Fontainebleau European Council.

Mr. Brooke

Community spending in 1986 is governed by the 1986 Community budget. The budget as adopted uses up virtually all the available Community own resources within the 1.4 per cent VAT ceiling. Details of the 1986 budget are given in the statement on the 1986 Community budget, Cmnd. 9907.