§ Mr. SpearingTo ask the Chancellor of the Exchequer what action has been taken or what steps have been proposed to implement the conclusion of the European Council meeting at Hanover that there should be proposals for eliminating fraud, linked to the delivery of national systems for the taxation of savings and for controlling the application of these systems.
§ Mr. Norman LamontThe capital movements directive agreed in June requires the Commission to make such proposals by the end of this year. No proposals have yet been made.