§ Sir Teddy TaylorTo ask the Chancellor of the Exchequer what assessment Her Majesty's Government have made of the argument advanced by the Bank of England in the papers circulated at the symposium on 20 January 1998 on the application of regulations stemming from article 109I of the Maastricht treaty to the United Kingdom and their treatment by English courts; and if he will make a statement. [25036]
§ Mrs. Liddell[holding answer 26 January 1998]: The Bank of England advanced no such amendment.
§ Sir Teddy TaylorTo ask the Chancellor of the Exchequer if he has come to a decision on the issue, relating to article 109L of the Maastricht treaty raised in paragraph 4, page 86 of the paper circulated by the Bank of England at the symposium on 20 January 1998, and if he will make a statement. [25037]
§ Mrs. Liddell[holding answer 26 January 1998]: Given the views of the financial sector, the Government do not believe that there is a need to introduce any additional national legislation in this area.