HC Deb 02 December 1997 vol 302 c168W
Sir Richard Body

To ask the Chancellor of the Exchequer what representations he has received on the use of interest on European Community pension funds to finance Community activities. [18490]

Mrs. Liddell

None. The pension scheme for staff of the Community Institutions is unfunded, so there is no accumulated fund earning interest. Payments are charged against the Community Budget, and contributions are treated as revenue, as they occur.

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