United Kingdom · Question · Written question
UIN 34860
EU Budget: Contributions
Introduced
20 April 2016
Last action
25 April 2016 · Answer
Status
Answered
Sponsors
—
Subjects
Budget
Source updated
25 April 2016
Summary
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on the UK public finances of fluctuations in the Pound Sterling-Euro exchange rate causing an increase in the amount of the UK's contribution to the EU budget; and
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Timeline
20 April 2016
Written question
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on the UK public finances of fluctuations in the Pound Sterling-Euro exchange rate causing an increase in the amount of the UK's contribution to the EU budget; and
Source: Commons
25 April 2016
Answer
Member States’ contributions to the EU Budget are made in national currency based on an exchange rate fixed on the last working day before the start of the EU Budget year. There are no subsequent fluctuations to that exchange rate.
Source: Written answer
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Sponsors
- · HM Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2016-04-20/34860
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/514380
- uk · wq-514380 · source updated 25 April 2016