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:—
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In section 1(2) of the European Communities Act 1972, in the definition of “the Treaties” and “the EU Treaties”, for paragraph (e) (Council decisions on EU's system of own resources) substitute—.
The European Communities (Finance) Act 2008 (which is superseded by this Act) is repealed.
This Act extends to the whole of the United Kingdom.
This Act comes into force at the end of the period of 2 months beginning with the day on which it is passed.
This Act may be cited as the European Union (Finance) Act 2015.