§ Lord Stoddart of Swindonasked Her Majesty's Government:
Further to the Written Answer by the Lord McIntosh of Haringey on 30 June (WA 61), whether, before agreeing to the proposed European Union Directive on the taxation of savings, they intend to ensure that they have the prior consent of the House of Commons for such a measure through a Finance Bill. [HL2545]
§ Lord McIntosh of HaringeyAgreement to EC legislative proposals takes place only after parliamentary scrutiny procedures have been completed. If adopted, the proposed Directive would require Parliament to pass implementing legislation before it could take effect in the UK.