An Act to amend the definition of “the Treaties” and “the Community Treaties” in section 1(2) of the European Communities Act 1972 so as to include the decision of 31st October 1994 of the Council on the Communities' system of own resources and so as to remove a spent provision.
[16th January 1995]
Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
In section 1(2) of the [1972 c. 68.] European Communities Act 1972, in the definition of “the Treaties” and “the Community Treaties”, for paragraphs (e) and (f) (Council decisions of 7th May 1985 and of 24th June 1988 on Communities' own resources, and undertaking of Member States confirmed on 24th June 1988 for financing the Communities' budget for 1988), and the word “and” immediately preceding them, there shall be substituted the words “and
(e)the decisions of the Council of 7th May 1985, 24th June 1988, and 31st October 1994, on the Communities' system of own resources; and”.
(1)This Act may be cited as the European Communities (Finance) Act 1995.
(2)The [1988 c. 46.] European Communities (Finance) Act 1988 (which is superseded by this Act) is hereby repealed.