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European Community Budget (United Kingdom Contribution)

Volume 986: debated on Monday 16 June 1980

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asked the Prime Minister whether the formula agreed for the United Kingdom budget contribution under the common agricultural policy would rule out any change in the basic principles of the common agricultural policy in the event of the European Economic Community running out of funds under its own resources system.

Reform of the common agricultural policy, whether in the context of the exhaustion of the Community's own resources or otherwise, does not require any changes in the basic principles of the policy, as set out in the Treaty of Rome.