HC Deb 19 February 1987 vol 110 cc827-8W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer what estimate he has made of the corrected rebate for the European Economic Community payable in respect of 1986 contributions; and when he expects to receive it.

Mr. Brooke

The latest estimate of the United Kingdom's abatement in respect of 1986 of £1,338 million (2020 mecu) is published in table 3.3.1 of the "Public Expenditure" White Paper 1987–8 (Cm 56-II). We expect to receive 1,633 mecu (£1,080 million) in the main budget for 1987 and the balance no later than the main budget for 1988.

Note: figures quoted at PEWP rate of £1 = 1.51 ecus.

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